Recently, Nippon Paint Industrial Coatings (Shanghai) Co., Ltd. and the Shanghai Jinshan District Government formally signed a contract to establish a new production base in the Jinshan District Fine Chemical Industry Park in Shanghai and build the largest industrial paint production plant in China. And Asia's largest coating resin production plant, and this base will also become the headquarters of Nippon Industrial Coatings (Shanghai) Co., Ltd. After the production base project is expected to reach the standard, it will have an annual output of 200,000 tons of industrial coatings and resin production scale, becoming the first in the Chinese coatings industry's Chinese market. The base products will be mainly concentrated in general industrial coatings, coil steel coatings, and electrophoretic coatings, and will use advanced technologies such as water-based industrial coatings in production to strive to conserve resources and produce environmentally friendly products. The opening of the new production base marks Nippon's acceleration of the market strategic layout of China's industrial coatings and further guides the development of China's industrial coatings.