The signing ceremony of the W-King Smart Electroacoustic R&D and Manufacturing Base project between Torch Industrial Group and Shenzhen W-King Technology Co Ltd was held on May 22.
With an investment of 500 million yuan and a planned land area of 30 mu, the project aims to build a headquarters base with an R&D center, acoustic labs, a cross-border e-commerce center, a brand operation center and a manufacturing base.
At its full capacity, the project is expected to produce 1.6 million units of intelligent electroacoustic terminal devices per year, with an annual output value of 600 million yuan and annual tax revenues of 30 million yuan.
Established in 2009, W-King is a professional manufacturer engaged in product design, R&D, manufacture and sales of electroacoustic terminal equipment.