After the examination and acceptance organized by the China National Light Industry Council, Yongkang officially won the naming right of the "China Cup Capital". This is another golden signboard that Yongkang has won after being awarded the title of "Chinese Capital".
Insulation cup is the product of Yongkang's "wave economy". Since Yongkang people produced the first insulation cup more than 10 years ago, the Yongkang insulation cup industry has gradually fallen into a whirlpool of low-price competition in less than a year. The number of manufacturers has gradually decreased from thousands to dozens, and the price of each product has gradually dropped from a few hundred yuan to more than ten yuan.
According to statistics, the current domestic thermos cup manufacturers are mainly distributed in Guangdong, Shanghai and Zhejiang. Among them, Zhejiang’s production companies are mainly concentrated in Yongkang, with an annual output value of 10 billion yuan and a total annual sales of 9 billion yuan, accounting for more than 80% of the country. In the market, Yongkang has become the largest vacuum insulation cup production base in the country, and Yongkang's stainless steel insulation cup industry has also been included in the "Zhejiang Province Hardware Products Core Area Industrial Plan" by the Provincial Development and Reform Commission.