The projects' construction in the Chengbei Industrial Park of the Jingjiang Economic and Technological Development Zone has been gaining momentum recently.
The two standard factory buildings for the production of high-quality lipstick tubes, bottle caps, and new energy vehicle battery shells by Furuite (Jiangsu) Aluminum Co Ltd are now mostly complete, with equipment being installed in stages.
"The project is expected to start trial production this June, initially reaching a capacity of 2,000 metric tons per month," said Zhou Bingcai, general manager of Furuite Aluminum.
The project focuses on the research and development of high-strength, corrosion-resistant, and high-performance aluminum alloy materials.
It aims to produce 70,000 tons of power battery shells for new energy vehicles, deep-drawing oxidized bottle cap materials, and deep-drawing oxidized materials for cosmetics annually and is expected to generate annual sales revenue of 1.5 billion yuan ($208.32 million), according to Zhou.
Meanwhile, construction on Jingjiang Yourshine Optoelectronics Technology Co Ltd's industrialization project of MiniLED display backlights, panels, and aluminum magnesium alloy die castings is accelerating.
After the first phase is completed, it is expected to have a production capacity of 6 million MiniLED backlights and 15 million traditional LED backlights annually.
To ensure the successful completion of the project and serve the development of local enterprises, the Chengbei Industrial Park is continuously optimizing its business environment and fully ensuring the protection of resources.