The construction of Gaohe Electric Appliances' industrial park renovation project located in Min'an Community, Nantou Town started on February 1.
The project covers a land area of 14 mu. Some 70 million yuan will be invested to construct a high-standard modern factory with a building area of 32,005 square meters.
By 2025, Gaohe Electric Appliances will be able to produce 800,000 electric pressure cookers per year, with an annual output value of 120 million yuan and an annual tax revenue of 4 million yuan.