Buddha-Plastic shares: closure of disposable tableware business needs to consult with foreign shareholders

August 10 night, CCTV reported a number of Guangdong enterprises suspected of using imported waste plastic production of disposable foam tableware, including the Buddha-plastic shares under the Foshan Hong Hua Polyester Chip Co.　　Yesterday, Foshan Plastic Group Co., Ltd. sent to this newspaper, "about the" Hong-hua company suspected of manufacturing plastic tableware, "the description of the incident, pointed out that the company reported that the alleged violation of operating behavior" very shocked ", the overnight emergency meeting to deploy the verification work. Problem products will fully recover the destruction of the Buddha-plastic shares said that, after verification, the company under the management of Hongji branch of Sino-Foreign cooperative enterprises hung Wah Company's tableware shop suspected of illegally adding recycled materials production part of the one-time foaming tableware products. After the incident, the company immediately ordered Hong-wah to terminate immediately all the production and operation of the one-time foaming tableware, while the full recovery of the issue of products to be destroyed.　　At present, the company's tableware workshop related equipment and products have been Foshan quality and technical supervision of the seizure, the company said it will fully cooperate with the investigation work.　　Buddha-Plastic shares in charge of the relevant person to accept this reporter said, Hong-hua Company's disposable tableware products are not in line with the company's new energy, materials industry high-end development strategy, operating efficiency and has been at the margin of loss, has been included in the closure of the elimination plan. As the company is a Sino-foreign cooperative enterprise, the closure of disposable tableware business needs to be negotiated with the foreign shareholders, and due to the shutdown involved in the relocation of staff should be carefully arranged, thus affecting the business exit progress.