Mingzhu sub-district in the Taizhou Medical High-tech Zone. [Photo/WeChat account: weigg6666]
A new factory expected to process 20,000 metric tons of food annually is set to be established in Mingzhu sub-district of the Taizhou Medical High-tech Zone, Taizhou, Jiangsu province.
With an investment of 105 million yuan ($14.77 million), it will utilize the existing 15,000-square-meter industrial plant, introduce 300 sets of advanced equipment, and construct multiple modern production lines for frozen pastries, soy products, and sauce braised food.
Renovation and design work of the factory building keep progressing and the project is expected to start construction in early 2026.
After the project is put into operation, it is expected to achieve annual invoice sales of over 100 million yuan.