On the morning of February 14, 2022, Danyang City, Jiangsu Province held the 2022 Industrial Projects Concentrated Commencement Ceremony. 32 industrial projects with a total investment of 9.57 billion yuan started construction at the same time in 12 streets, towns and parks. The projects cover new materials, new medicines, high-end Equipment manufacturing, auto parts and other industrial fields.

According to reports, the main venue for the concentrated start of this industrial project is located at the start site of the Tianguan high-end mold zero-cut standard parts project in Danyang Economic Development Zone. The project has a total investment of 1.5 billion yuan, covers a total area of 366 mu, and has a planned total construction area of 245,000 square meters. The project construction includes three major contents, namely: high-performance powder taps with an investment of 450 million yuan, a cemented carbide project with an investment of 320 million yuan, and an industrial Internet intelligent manufacturing project with an investment of about 730 million yuan. After the project is put into production, it is estimated that the annual operating income will be 2 billion yuan, and the annual tax contribution will be 120 million yuan.

On the same day, a total of 6 projects in Danyang Economic Development Zone participated in this concentrated start-up activity, namely the second phase project of high-end die zero-cutting standard parts, resin grinding equipment and resin grinding wheel project, the new project of the production line of automobile precision stamping parts with an annual output of 3 million pieces, Elevator control system R&D and production project, automatic logistics warehousing expansion project and high-voltage power transmission and distribution project, the concentrated start of six projects will lay a solid foundation for Danyang Economic Development Zone to achieve a good start in the first quarter. Editor/He Yuting