Jwell and PLACO: Thirty Years of Partnership, Forging a New Chapter of Deep Industry Collaboration

This afternoon, a delegation from Japan's PLACO Corporation visited our company. Mr. He Haichao, Chairman of Jwell Machinery, along with General Managers Zhou Fei, Fang Anle, Cai Chun, and other relevant colleagues participated in the reception.

01 PLACO Company Profile

PLACO Corporation (Japan) is a specialized enterprise dedicated to the research, development, manufacturing, and sales of plastic processing machinery and recycling equipment. Leveraging years of technological expertise and innovation capabilities, the company holds a significant position within the industry. Founded in 1960, it underwent years of development before going public in 1973 and is now listed on the Tokyo Stock Exchange's Standard Market.

The company maintains a clear business structure organized into four core divisions, comprehensively covering key segments of the plastic processing industry chain:

● Film Blowing Machine Division: Focuses on the R&D and manufacturing of film forming equipment, providing efficient and precise solutions for various film production needs.

● Blow Molding Machine Division: Specializes in hollow product forming equipment, widely used in processing hollow components for automotive parts, industrial components, and daily necessities.

● Recycling Equipment Division: Committed to developing eco-friendly equipment, providing plastic shredders and re-molding products to support the recycling of plastic waste.

● Maintenance Service Division: Offers professional machine maintenance services and genuine spare parts sales, ensuring stable operation and extended lifespan of customer equipment.

Mr. Takashi Furuya, President of PLACO, and his delegation visited the Jwell Industrial Park.

02 Deepening Cooperation

Following the tour of Jwell Industrial Park, both companies held the “Jwell Machinery and Japan's PLACO Corporation Cooperation Ceremony” at the Liyang High-Tech Zone Management Committee in Jiangsu Province.

During the meeting, both parties explored future cooperation directions, including technological R&D, market expansion, and industrial chain integration. Witnessed by Mr. Fang Xuejun, Vice Mayor of Liyang City, both sides reached an agreement for deepening future collaboration. The government provided invaluable assistance and support throughout this process, laying a solid foundation for further cooperation.

The purpose of PLACO's visit is to explore collaboration opportunities in technological R&D, market expansion, and industrial chain integration. We believe that by sharing resources and leveraging mutual strengths, we can jointly develop more efficient, eco-friendly, and intelligent equipment solutions for the plastics industry to meet the market's growing demands.

03 Looking Ahead

Looking ahead, our partnership with PLACO holds boundless potential. With over 30 years of deep collaboration between Jwell and PLACO, we have established a solid foundation of mutual trust.

Moving forward, we will further strengthen strategic synergy to achieve closer cooperation in technological innovation, market sharing, and sustainable development. Together, we will drive innovation and advancement in the plastic extrusion equipment industry, delivering superior products and services to customers worldwide.