By Zhao Yu

While the 97th Academy Awards unfolded in Hollywood on March 3 at 8:00 AM Beijing time, across the Pacific in Ningbo's Qianwan New Area, production lines at Ningbo Fasibo Sports Goods Co., Ltd. were running at full speed. One by one, Oscar statuette replicas rolled off the assembly line, destined for film industry celebrations and collectors worldwide.

"The company produces 5,000 to 8,000 statuettes, with an annual output of 1.2 to 1.5 million," said general manager Xie Xiangyu, overseeing the production facility.

Fasibo is the world's only authorized manufacturer of Oscar-themed commemorative statuettes. Since late last year, the factory has been working at full capacity to meet soaring orders. These statuettes are shipped to Hollywood as decoration at the award ceremony and sold as official licensed merchandise.

"While these figurines aren't made of real gold, their production process embodies the highest standards," said Xie. Each statuette, approximately 16 centimeters tall, features a radiant finish and weighs over 700 grams (about 1.5 pounds).

To ensure premium quality, both the base material and coating must meet strict safety standards. "Each statuette undergoes more than ten specialized processes, including vacuum coating, ion cleaning, and cold work hardening. These steps ensure a uniform color, a durable finish, and a flawlessly smooth surface," Xie explained.

Founded in 2008, Fasibo specializes in trophies, medals, commemorative sculptures, and other sports and cultural memorabilia. Its products are sold in dozens of countries and regions and are used in high-profile international events.

Last year, Fasibo-made trophies were exported to France as official merchandise for the Paris Olympics, further cementing the company's global presence. With an annual output value exceeding 70 million yuan, the company continues to expand.

"To meet growing demand, we've added two flexible production lines this year, set to go into operation this month," Xie revealed.