Wenzhou Filta Hardware Co.,ltd Invests 2.5 Billion Yuan in Smart Lock Project

On November 5th, the groundbreaking ceremony for Wenzhou Haijing District's 2023 "Double Hundred Billion" project was held, marking the commencement of 24 major projects with a total investment of 22.2 billion yuan. The projects include 17 industrial initiatives with a total investment of 10.4 billion yuan and 7 infrastructure projects with a total investment of 11.8 billion yuan. These projects span areas such as infrastructure, public facilities, and significant industries, aiming to drive industrial transformation and upgrade, thereby enhancing both economic output and urban quality.

Among them, Wenzhou Filta Hardware Co.,ltd, with an investment of 250 million yuan, actively participated in the construction project for an annual production line of one million sets of smart locks. The plan includes the construction of a new building covering 30 acres. This innovative project integrates traditional lock mechanisms with cutting-edge concepts like smart security and the Internet of Things, incorporating internationally leading technologies such as biometrics and antimicrobial surface treatment.

Utilizing new sales channels such as cross-border e-commerce and overseas warehouses, our commitment is to advance the vision of "Made in China, Sold Globally," setting a new industry benchmark for the transformation of traditional industries.

The project is expected to be completed by 2025, with an annual production capacity of one million sets of smart locks and two million pieces of smart home hardware. The projected annual output value is estimated to reach 335 million yuan. We eagerly anticipate the success of this innovative project, believing it will open up new possibilities for the entire industry.