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AL CIRCLE

Zhite Technology begins construction of its RMB 700 million aluminium mold production line

EDITED BY : 2MINS READ

The commencement ceremony for Zhite Technology’s aluminium mold new material production line for 2023 was carried out on September 14 at the Xianning High-tech Zone. Huang Zuocai, a member of the Xianning High-tech Zone Party Working Committee and deputy director of the management committee, participated in the activity and announced the project.

Zhite Technology begins construction on its RMB 700 million aluminium mold production line

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"The construction of the Zhite technology new material industry project with a total investment of 700 million yuan, the main construction of high-end, intelligent aluminum film new material production line, after completion and put into operation, is expected to reach 600 million yuan of annual output value, new tax revenue of 36 million yuan, new employment of 200 people," said Guo Duopeng, general manager of Hubei Zhite New Materials Co., LTD., said in an exchange speech.

Zhu Mingfeng, member of the Party Working Committee and deputy director of the Xianning High-tech Zone Management Committee, announced the focused start of key projects in the third quarter of 2023. This time, 15 significant projects with a total investment of RMB 2.875 billion was launched, with eight projects above 100 million yuan and a total investment of RMB 2.561 billion.

The project involves advanced manufacturing, new energy, new materials, optoelectronic information, and other fields, including a RMB 700 million investment in the Zhite new materials building aluminium film new material production line project, a RMB 460 million investment in the Best Technology environmental protection intelligent equipment production line project, a RMB 260 million investment in the wheat convenient AI intelligent sales container project, and an investment of RMB 120 million of Yugui School project.

The approval of this batch of projects is specific to accelerate the speed of industrial transformation and upgrading in Xianning High-tech Zone and lead firms along the path of scientific and technical innovation and high-quality growth.

Lai Changqing, a member of the Xianning High-tech Zone's Party Working Committee, presided over the activity. Guo Duopeng, general manager of Hubei Zhite New Materials Co., Ltd., spoke on the scene on behalf of the concentrating project's owner. Members of the Xianning High-tech Zone Party Working Committee, cadres and workers of the organs, responsible comrades of the agencies directly assigned by the city, focused on the project, and company representatives participated in the activity.

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EDITED BY : 2MINS READ

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