In a strategic move that marks a significant milestone for the company, Snibe is excited to announce the acquisition of land use rights for plot G14304-0269 in the vibrant Pingshan District of Shenzhen. The deal, valued at a substantial 80 million yuan, grants Snibe access to an expansive area of 37831.7 square meters.

This prime piece of real estate is designated for the development of the No. 5 Snibe building, a state-of-the-art facility that will serve as a cornerstone for the company’s future operations. The new building is set to enhance our headquarters, providing a modern workspace that fosters innovation and collaboration among our teams.

Beyond merely expanding our physical footprint, this acquisition is a testament to Snibe’s commitment to sustainable development and growth within Shenzhen's thriving business landscape. This project promises to unlock new avenues for development, positioning Snibe for long-term success in an increasingly competitive market. 

We are excited to embark on this journey and anticipate sharing further updates as we bring our vision for the No. 5 Snibe building to life. Together, we will continue to push the boundaries of innovation and excellence, paving the way for a brighter future. Stay tuned for more details on this exciting expansion!