Located in the western area of Jingjiang Economic and Technological Development Zone – in Taizhou city in East China's Jiangsu province – the Precision Manufacturing Industrial Park has become a hotspot for projects and industries over the past years.
An interior view of resident company SPT in the Precision Manufacturing Industrial Park, which is stepping up orders for influential semiconductor equipment enterprises. [Photo provided to etaizhou.gov.cn]
As one of the earliest manufacturers to enter the park, Sprint Precision Technologies (SPT) has built an intelligent manufacturing factory for high-end equipment parts and taken the lead in digital transformation.
Staff members ramp up production at JJAP Group. [Photo provided to etaizhou.gov.cn]
JJAP Group is another manufacturer based in the Precision Manufacturing Industrial Park. The company is mainly engaged in standard tank boxes and its products are exported to Singapore, the Netherlands, and other regions.
In 2022, the total export value of the company hit 953 million yuan ($138.23 million) while annual sales reached 1.13 billion yuan, a year-on-year increase of 120 percent. Moreover, product delivery amounted to 1,350 units in January, worth 150 million yuan.
Staff members are seen working at Onoff Electric (Jingjiang) Co Ltd. [Photo provided to etaizhou.gov.cn]
Having settled in the park in November 2020, Onoff Electric (Jingjiang) Co Ltd has enjoyed solid development, with sales reaching over 30 million yuan last year. This year, it expects to produce 50,000-60,000 sets of new energy-related electronic control products.