Huizhou Fengda packaging and printing publicity in

Huizhou Fengda packaging and printing (Huizhou) Co., Ltd. decided to officially close down on December 31, 2018 in the face of the unexpected serious decline in orders after the Sino US trade friction, despite the company's just launched the expansion plan

recently, the company has terminated the labor contract relationship with about 120 employees in accordance with relevant laws, and provided economic compensation in lieu of notice for 1 month

Hong Kong enterprises covering an area of 66000 square meters have just launched expansion plans

established in 2005, Fengda packaging company is a wholly-owned enterprise invested by Fengda packaging and printing (Hong Kong) Co., Ltd. It is located in luboren, Huiyang District, and can also provide radiopaque materials for X-ray identification. Dushi village, Pingtan Town, covers an area of 66000 square meters, and is mainly engaged in printing all kinds of packaging color boxes, plastic boxes, blister cards, gift boxes, paper bags, self-adhesive stickers Instructions and other paper products

Fengda phase I project has a total investment of 28million and covers an area of 36592 square meters. It is mainly engaged in the printing and production of cards, corrugated boxes, card boxes, stickers and instructions, with an annual output of 1million cards, 200000 corrugated boxes, 100000 card boxes, 100000 stickers and 500000 instructions. The total number of employees is about 120, all of whom live and board in the factory

it should be said that Fengda is a powerful packaging and printing enterprise in Huidong. The company has four Heidelberg printing machines and nearly 20 sets of other processing equipment. As early as the end of 2017, the company also launched the second phase expansion plan, which plans to build a new plant and increase 5 cutting machines accordingly. The total investment of the project is 8million, covering an area of 20000 square meters, a construction area of 15000 square meters, and 20 new employees are added to the expansion project

Sino US trade friction has become a turning point of fate

according to the above public information, Fengda is mainly engaged in export packaging business, and the U.S. market occupies a high share. Huizhou Fengda has been operating well for ten years since its establishment. It is a local class a taxpayer and has solved the employment problem of No. 150 people

moreover, as a social enterprise, Fengda has been actively participating in local community construction. In May last year, Fengda packaging and printing company also replaced lighting equipment, installed fans and donated safety schoolbags with reflective surfaces to each student for the emergence of new composite electric poles in the classroom of Zhang Xin primary school, which won universal respect

by the end of 2017, with the stable development of the company's business, the company decided to invest in a new plant to further expand the production scale. However, something unexpected happened. When Fengda's expansion report was just approved in April, the United States unilaterally announced on April 4, 2018 that it would impose a 25% tariff on imported goods originating in China, involving about $50billion of Chinese exports to the United States

since then, with the introduction of the second batch of 250billion tax list, Fengda suffered a storm like attack, and orders fell seriously until the company announced that it would wind up and lay off its employees by the end of the year

the local government intervened and the employees were happy.

after learning the news of the closure of the enterprise, the human resources and Social Security Bureau of Pingtan Town, Huizhou City, Guangdong Province, conducted many door-to-door mediation, and successfully arranged the labor service. Both parties signed a people's mediation agreement in the factory, which is as follows:

1. Party A shall settle all the wages of Party B during his employment before December 31, 2018

2. Party A shall pay Party B one-time labor economic compensation in lieu of notice for 1 month, which shall be paid off when signing this Agreement

3. When the case is settled after the equity holder obtains the above payment, both parties will immediately terminate the labor contract relationship and voluntarily use the wear-resistant parts of household appliances to give up any economic request or legal proceedings against Party A for the same fact and reason

after unremitting efforts, on January 8, Pingtan human resources and Social Security Institute successfully mediated the labor relationship between Fengda company and its employees, and recovered the labor economic compensation, notice in lieu and compensation for three injured employees for 120 employees, totaling 3.58 million, which have been paid in place (directly transferred by the manufacturer to the personal account)

since then, another large-scale printing enterprise in Huizhou has entered history, and employees can also safely go home and reunite with their families with wages and financial compensation. I hope that at the same time, the sluggish downstream demand and other factors will affect their later days, and they can find a good boss like Fengda Huang Sheng

of course, for Pingtan, which is booming with the blessing of the International Airport, the fading out of Fengda will not affect it. In recent years, Pingtan Town, which has entered a new era and embarked on a new journey, has formulated the "three-year action plan for Rural Revitalization", planning five areas: modern agricultural sightseeing area, ceramic culture tourism area, airport industry area, Pingtan high tech Industrial Park, film and television culture tourism area

as a land acquisition and factory building company, Fengda failed to obtain huge profits through industry, and the value-added income of land is still considerable. Therefore, the completion of Fengda is also good for the management and employees