Lee Kum Kee (Hong Kong) Foods Limited is investing HK$46 million (US$5.86 million) in a new Oyster Sauce Smart Production Line at its headquarters at Tai Po InnoPark, which is expected to commence operation in first quarter 2024.
Lee Kum Kee will fork out HK$31 million (US$3.95 million) in the new line, while it has successfully gained approval of HK$15 million (US$1.9 million) in maximum funding support for the new production line under the Re-industrialisation Funding Scheme (RFS) of the Innovation and Technology Commission in Hong Kong.
Rebecca Pun, the Commissioner for Innovation and Technology and Indiana Wong, Assistant Commissioner for Innovation and Technology (Funding Schemes), together with Katty Lam and Alan Lui, CEO and Chief Financial Officer of Lee Kum Kee International Holdings Limited were present at the recent RFS signing ceremony on 21 April.
The new fully automated production line will produce 20,000 bottles of oyster sauce per hour, doubling the production capacity of oyster sauce at the Tai Po Plant. In addition, the project will make use of AI technology to monitor the production process and collect production data in real-time, thereby enhancing product traceability and overall operational efficiency.
Katty Lam, CEO of Lee Kum Kee International Holdings Limited said, “We are glad to receive funding support for our new Oyster Sauce Smart Production Line project under the RFS. Upholding the spirit of ‘constant Entrepreneurship’ Lee Kum Kee is committed to implementing digital upgrade and smart factory transformation, in order to enhance our production efficiency and satisfy consumer needs.”
Lee Kum Kee was established in 1888 by its founder Mr. Lee Kum Sheung. With its sustainable development in 134 years, Lee Kum Kee has become a household name for more than 200 types of sauces and condiments sold in more than 100 countries and regions globally.
