The construction of the Teamsung Industrial Park project started in Sanxiang Town on July 31.

The project covers an area of 65 mu (about 433.3 hectares) and has an investment of 250 million yuan. It is estimated to generate an annual output value of over 500 million yuan and an annual tax revenue of over 25 million yuan. The project will be built into a printing supplies industrial park and intelligent manufacturing center for optronics equipment, which can drive the clustering and branding development of the printing supplies industry in Sanxiang Town.

Established in 2010, Zhongshan Teamsung is a company specializing in the R&D and production of polyurethane and new conductive rubber materials, with an annual output value of over 200 million yuan. At present, there are more than 30 printing supplies enterprises in Sanxiang Town, with a total annual output value of over 3 billion yuan.

This year, Sanxiang Town will promote 19 industrial projects, with a total planned investment of about 3.6 billion yuan.