In response to the continuously expanding international market, Wenzhou Yuanfei Pet Toy Products Co., Ltd. has established two key investment overseas production bases: iTao Pet Supplies (Cambodia) Co., Ltd. and Ryder Pet Supplies (Cambodia) Co., Ltd.
They plan to expand our production capacity to the double of the current registered amount and plan to complete the technology transfer, as well as employee 2,500~3,000 personnel for management and factory production in the fourth quarter of 2021. In addition to the existing production lines for pet products and pet snack, it is expected that production lines for pet clothing, toys and household accessories will also be put into production in the middle of the year. In addition, the only irradiation center in Cambodia equipped by iTao is expected to be expanded within this year, and the capacity is expected to reach more than 2.5 times that of 2020. The total size of Yuanfei’s oversea facility is expected to reach 70,000 square meters by mid 2022.
By the beginning of 2022, Ryder Pet Supplies is expected to reach the monthly capacity of 2,000,000 pieces of collar, leash and harness, while iTao is expected to reach the monthly capacity of 1,000 tons of pet treats.