A cooperation agreement signing ceremony was held in Panglong Village, Sanjiao Town on August 10 for industrial park renovation projects of Yusen Electric Appliances Co, Youyang Photoelectric Technology Co, Bailongqiao Technology Co and Jinwen Hardware Parts Co.

With a planned total investment of about 97.5 million yuan, the Yusen project is expected to generate an annual output value of 185 million yuan and annual tax revenues of 9.5 million yuan.

With a planned total investment of 80 million yuan, the Bailongqiao project will be built into a new energy vehicle parts industrial base with an annual output value of 200 million yuan and annual tax revenues of 10 million yuan.

With a planned total investment of about 60 million yuan, the Youyang project will be mainly engaged in the development, production and marketing of LED displays, LED lighting fixtures and LED drivers. It has an annual output value of 120 million yuan and annual tax revenues of 6 million yuan.

With a planned total investment of about 90 million yuan, the Jinwen project will be a digital intelligent factory that mainly develops, produces and processes auto, electromechanical, home appliance, medical device and sports equipment parts. It has an annual output value of 180 million yuan and annual tax revenues of 9 million yuan.