In recent years, the Taizhou Port Economic Development Zone in Taizhou, Jiangsu province, has continuously revitalized inefficient industrial land and promoted the efficient and intensive use of land resources.
The production plant of Recodeal (Taizhou) Electronic Technology in the zone was once an idle, abandoned factory area, but has now been transformed into a modern intelligent manufacturing production base.
The production plant of Recodeal (Taizhou) Electronic Technology. [Photo/WeChat account: weigg6666]
The base produces power batteries, energy storage batteries, and precision connection parts for new energy vehicles in bulk, and its products are widely used in the mainstream new energy field.
As of now, the company's sales revenue has reached about 200 million yuan ($29.89 million), and it is expected to reach 500 to 600 million yuan for the year, said Xu Zhihong, executive director of the company.
The company's other renovation and remodeling base is projected to start operations next February and is set to use 11.2 hectares of unused land from another company.
When operations begin, sales across the entire Taizhou base are expected to reach 700 to 800 million yuan.