A groundbreaking ceremony was held on March 14 for the high-precision lead frames and supporting copper strips project of Taizhou Run'an Electronic New Materials in the Taizhou Port Economic Development Zone.
The 515-million-yuan ($74.6 million) project aligns with China's carbon neutrality goals and targets high-end industries including new energy vehicles, electronics, and 5G communications. It will introduce advanced automated production equipment and core technologies, serving as a modern smart manufacturing base.
Upon completion, the project is expected to generate 1 billion yuan in annual sales and 26 million yuan in tax revenue.
The project marks the third expansion phase of Taizhou Yourun Electronics, a national "little giant" enterprise. Yourun has twice expanded its facilities since 2012, focusing on lead frames for integrated circuits and semiconductor devices. With strategic partnerships with industry leaders including China Resources Microelectronics and Huayi Microelectronics, its business has grown significantly, with sales reaching nearly 800 million yuan in 2025.
A rendering of Taizhou Run'an Electronic New Materials' project in the Taizhou Port EDZ. [Photo/WeChat account: gh_1ff53eb21f0a]