# Kam Shing Group buys production machinery for corrugated board

Kam Shing Group (Holdings), through its subsidiary Kam Shing Packaging (Shenzhen), agreed to purchase 2,276 items of production machinery, office equipment and consumables from Dongguan Ruixing Paper Products for RMB 21.88 million, to replace aging equipment used in corrugated board and paper packaging production.

- Type: Investment
- Announced: 2020-06-24
- Where: Shenzhen, China
- Value: $3.09M (21.9M CNY)
- Status: announced
- Products: corrugated board, paper packaging products
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Kam Shing Group (Holdings)](https://endata.com/companies/48078.md)
- [Dongguan Ruixing Paper Products](https://endata.com/companies/48079.md) (supplier)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/312837.html), 2020-06-24: "收购该等资产(有关资产较新，亦为更升级版本)将可确保生产顺畅并提升整体运作效率，因此长远将对该集团有利。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.