Hohhot Economic and Technological Development Zone news, on November 9, the Hohhot Economic and Technological Development Zone and Judi High-tech Development (Sichuan) Co., Ltd. signed an investment cooperation agreement for a 100,000-ton annual fully biodegradable material production project. The ceremony was held in Chengdu. Liu Zhanying, Secretary of the Party Working Committee of the Economic Development Zone, witnessed the signing.
Hashun Chaolu, member of the Party Working Committee and Deputy Director of the Management Committee of the Economic Development Zone, and Judi High-tech Development (Sichuan)
The executive deputy general manager of the company signed many project investment cooperation agreements.
On November 14, Liu Zhanying, Secretary of the Party Working Committee of the Economic and Technological Development Zone, and Zhang Yinqiong, Deputy Director of the Strategic Investment Committee of Judi High-tech Development (Sichuan) Company, and his party held a fully biodegradable material project matchmaking meeting in the Economic and Technological Development Zone to discuss the implementation of the project. Communicate on factor service assurance.
It is understood that the total investment in the project is about 400 million yuan, of which the fixed asset investment is about 200 million yuan, and 50 fully automatic production lines will be built with an annual output of 100,000 tons of fully biodegradable materials and products. The project plans to use the No. 1 standard factory building in Shaerqin Industrial Zone, Hohhot Economic and Technological Development Zone. It is planned to install and debug equipment and conduct trial production in March 2024. It is expected to sell 100,000 tons of fully biodegradable materials and products annually, achieving an annual output value of about 30 billion, with an annual tax bill of about 300 million yuan. It is expected to directly employ about 200 people and create about 1,000 local jobs.