Signing Ceremony of Major Projects in Chenglingji New Port Area Held

The signing ceremony of major projects in Chenglingji New Port Area was held on July 12. It is a part of 2017 Yueyang Investment Promotion Month. Four projects worth 9.58 billion yuan were inked, invested by Herun Group, HIT Robot Group (HRG), Beijing Fairyland Environmental Technology Co., Ltd. (Fairyland) and Hunan Fulutong Agricultural Technology Co., Ltd. 

CPC Yueyang Municipal Committee Secretary Hu Zhongxiong witnessed the signing ceremony and talked with company chiefs. CPC Yueyang Municipal Committee Deputy Secretary Li Aiwu presided over the ceremony. Municipal leaders Xu Xinchu, Xiang Weixiong, Tan Zhenghong, Qiu Hong, and Liu Xiaoying attended.

Herun Group’s grain & oil deep processing and logistics industrial park project will generate an annual output value of 20 billion yuan and an annual tax payment of 0.5 billion yuan.

With a total investment of about 3 billion yuan, HRG's military-civilian integration equipment manufacturing and innovation center is committed to forging an industrial cluster focusing on "robot + intelligent manufacturing + commercial aerospace". It is projected to achieve an annual output value of 10 billion yuan and complete an annual tax payment of 0.5 billion yuan.

Fairyland's project on natural gas distributed energy stations is estimated to generate an annual output value of one billion yuan and an annual tax payment of 70 million yuan.

Hunan Fulutong's imported grain storage and processing project, with a total investment of 500 million yuan, will create 160 jobs. 

Translator: Xiao Juan
Chinese source: yueyang.gov.cn