The company also regularly upgrades the taste and packaging of functional beverage products to firmly grasp the consumption trends of the target group.
Geographically strategic water resource as an advantage The natural water source is a scarce resource and a strong barrier for the industry.
While the output continues to climb, the market size has also maintained steady growth.
New capital expenditures are more used for new product categorization, refrigerators and heating cabinets.
The bottled water industry is highly concentrated, with the top six manufacturers occupying approximately 80% of the market.
The company has 10 strategically located water resources all over China which forms a strong competitive advantage.