The signing ceremony for the capital increase project of Daio premium living goods was recently held in the Nantong Economic and Technological Development Area (NETDA), with an additional registered capital injection of $27 million.

Established in 1943, Daio Paper Corporation ranks among Japan's top three comprehensive paper manufacturing conglomerates. In 2012, the company invested to establish Daio (Nantong) Household Products Co. Its products, including infant diapers and feminine care products, have earned ‌global recognition‌ for premium quality.

The general manager of Daio's Nantong branch stated that China remains the corporation's most strategic overseas market‌. This capital increase reflects the headquarters' confidence in China's market potential and NETDA's favorable business environment.

Since its establishment, Daio's Nantong branch has undergone multiple capital expansions, with cumulative investment reaching ‌$460 million prior to this latest infusion‌. Moving forward, the company plans to adapt to dynamic market needs‌, ‌strengthen R&D innovation‌, and reinforce the strategic importance of the Chinese market in its global development.

The signing ceremony for the project of Daio (Nantong) Household Products Co in NETDA. [Photo/Nantong Daily]