# Bear Electric starts Phase I and breaks ground on Phase II of creative small appliance base

Bear Electric (Xiao Xiong Dian Qi) held a ceremony for the Phase I launch and Phase II groundbreaking of its creative small appliance production base in Daliang Wusha, Shunde. The project has a planned total investment of CNY 500 million and total building area of 130,000 sqm, and when fully operational will add annual capacity of over 23 million units and annual sales of CNY 2 billion.

- Type: Expansion
- Announced: 2020-07-10
- Where: Daliang Wusha, Shunde, Foshan, Guangdong, China
- Value: $71.4M (500.0M CNY)
- Status: under construction
- Capacity: 23 million units per year
- Products: creative small appliances

## Companies

- [Bear Electric](https://endata.com/companies/48485.md)

## Sources

- [bears.com.cn](https://www.bears.com.cn/news/newsinfo/25/78.html), 2020-07-10: "7月10日，小熊电器创意小家电生产建设（大良五沙）项目一期启用暨二期奠基仪式在生产基地举行"

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