利民（番禺南沙）电器发展有限公司

Raymond (Panyu Nansha) Electrical Appliance Development Co., Ltd. was established in December 1993 with the approval of the Enterprise Management Committee of Guangzhou Nansha Economic and Technological Development Zone. It is a wholly-owned subsidiary of Raymond Industrial Co., Ltd. (HK00229), with a total investment of USD 45.33 million and a registered capital of USD 22.38 million. It covers an area of ​​111,000 square meters, a construction area of ​​140,000 square meters, and has more than 2,600 employees.