Zhenhua Yuke (Xiangyang) Smart Innovation Industrial Park Phase III Project Breaks Ground

Transferred from: Xiangyang Release

On March 23, the groundbreaking ceremony for the third phase of the Zhenhua Yuke (Xiangyang) Smart Innovation Industrial Park was held. After the project is completed and reaches production capacity, it is expected to generate an annual output value of 1.2 billion yuan, tax revenue of over 30 million yuan, and create 800 new jobs, which will inject strong new momentum into Xiangyang’s further development.

Wang Xiaohui, President of the Xiangyang Chamber of Commerce in Shenzhen and Chairman of Zhenhua Yuke Group Holdings Co., Ltd., introduced that the third phase project will build high-standard intelligent production workshops, R&D testing centers, etc., introduce advanced production equipment and digital management systems, and focus on cutting-edge fields such as high-end smartphones and automotive electronics.

The commencement of the third phase project is not only an important milestone in the development of the park but also a key measure for the high-tech zone to promote the development of the electronic information industry cluster and deepen the layout of the industrial chain. “The park has complete infrastructure and a high-quality business environment, providing comprehensive government services, ensuring long-term support for the development of small and medium-sized enterprises,” said Shen Yi, general manager of Hubei Yiyou Electronic Technology Co., Ltd., a representative of the enterprises in the second phase. The construction of the third phase project will further improve the industrial chain, expand development space, and enterprises will seize this opportunity to increase R&D investment and enhance core competitiveness by leveraging the park’s complete industrial chain.

It is reported that the Zhenhua Yuke (Xiangyang) Smart Innovation Industrial Park is a key achievement of the precise investment promotion by the Xiangyang Municipal Party Committee, Municipal Government, and the Party Working Committee and Management Committee of the high-tech zone. It is invested and constructed by Shenzhen Zhenhua Yuke Group, with a total investment of 1.8 billion yuan, covering nearly 200 acres, and a total construction area of over 200,000 square meters. It is the first electronic information characteristic “park within a park” in Xiangyang City.

As of now, the park has signed contracts with more than 20 enterprises, cultivated 16 large-scale enterprises, and 10 high-tech enterprises, achieving a cumulative output value of over 38 billion yuan, completing an import and export volume of 869 million U.S. dollars, providing more than 5,000 job positions, and holding 386 valid core intellectual property rights, being recognized for several consecutive years as a park with outstanding contributions in the Xiangyang high-tech zone.

Relevant personnel from the high-tech zone stated that the high-tech zone will always adhere to the “project first” concept, continuously optimize the business environment, strengthen element guarantees, and promote the early completion, early production, and early effectiveness of projects; fully support enterprises in deepening chain-oriented investment promotion, urge participating construction units to ensure quality, create high-quality projects, and accelerate efficiency through project construction, injecting high-tech momentum into Xiangyang to build a regional central city for development in central and western China.

Source: Xiangyang Daily

Editor: Yin Huajun

Responsible editor: Bu Xiangping

Massive information, precise interpretation, all available on the Sina Finance APP.