Hengfeng Industrial Park, with a total investment of 350 million yuan, broke ground on July 6 in Pingnan Village, Sanxiang Town.

The project convering an area of about 41.38 mu focuses on next-generation information technology, intelligent precision manufacturing, new materials and other emerging industries.

It is expected to generate an annual output value of 700-800 million yuan, achieve tax revenues of 20 million yuan per year, and create 600 jobs after going into operation.

Corporate headquarters buildings and plants will be built in the park to create garden-style industrial space for production, research and development, office use and exhibition. It is expected to be fully put into use in 2025.