From January to August this year, the headquarters of the Jingjiang Economic and Technological Development Zone in Jingjiang, a county-level city administered by Taizhou, Jiangsu province, launched 17 major projects at the provincial level or the city level and completed the construction of 22 projects.
Local manufacturer Jiangsu Chenguang Hydraulic Parts Manufacturing has been in the hydraulic components industry for many years. The company is currently building a new production line for forklift electro-hydraulic reversing valve systems to develop and produce high-end forklift electro-hydraulic reversing systems.
After the project is completed, it is expected to achieve annual invoice sales of 200 million yuan ($29.88 million) and create 200 job opportunities.
Not only is the iterative upgrading of traditional advantageous industries underway, but a group of enterprises in the high-end energy equipment sector is also gaining strong momentum.
Jiangsu Yongxuan Equipment Manufacturing specializes in energy equipment support. Due to production space limitations, the company's factory area can no longer meet growing market orders and production capacity demands. To solve this, the company started a new high-end energy equipment project in the zone. After production, the company's production capacity will increase from the original 50,000 units to 150,000 units.
The construction site of Jiangsu Yongxuan Equipment Manufacturing's high-end energy equipment project. [Photo/WeChat account: jingjiangfabu]