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        Home> QingdaoSEA

        Qingdao candle maker thrives in global market

        ( chinadaily.com.cn )

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        As the largest candle maker in Asia, Kingking Group settled in Vietnam in Oct 2006. With a total investment of $18.6 million, it is a high-tech enterprise featuring R&D, design, manufacture and sales.

        Qingdao candle maker thrives in global market

        Kingking is one of the first Chinese companies settling in Vietnam. [Photo provided to chinadaily.com.cn]

        Covering a floor area of 26,000 square meters, Kingking brought in the most advanced German automated production lines, expanding the scale of production effectively. Meanwhile, Kingking has established long-term and stable supply and demand relationships with international enterprises such as IKEA, Reckitt Benckiser and Wal-Mart.

        Qingdao candle maker thrives in global market

        Kingking's candle products [Photo provided to chinadaily.com.cn]

        "Setting up a factory in Vietnam satisfies the demands of international markets, improving Kingking's market share in the world as well as Vietnam," said the deputy general manager at Kingking’s subsidiary in Vietnam. "Kingking's total revenue was $13.77 million with a profit of $2.37 million in 2014. In the first half of 2015, the revenue reached $7.03 million."

        Qingdao candle maker thrives in global market

        Kingking's production line in Vietnam [Photo provided to chinadaily.com.cn]

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