On June 10th, a groundbreaking ceremony was held for a printing paste project with a total investment of 150 million yuan and a phase one investment of 40 million yuan for an annual output of 4,000 tons, located in the Circular Economy Demonstration Park of Zhangye Economic Development Zone. This project is a key investment attraction project in the park, planning to build three independent buildings including a joint factory building, a comprehensive office building, and a product display center, as well as related facilities. It is expected to be put into production before the end of this year.

Shi Lijun, head of Xuanang Technology (Zhangye) Co., Ltd.: “Because we are optimistic about the advantages of Zhangye's raw materials, and we already have a mature product, customers are urging us to produce products soon, so customers are waiting for our products.”

As an investment attraction enterprise, Xuanang Technology Co., Ltd. mainly engages in the research, development, production, and sales of microcrystalline cellulose and biological organic fertilizers. The company plans to invest 150 million yuan in Zhangye Economic Development Zone, with the first phase constructing a project with an annual output of 4,000 tons of printing paste. In the second phase, using the by-products of the first phase as raw materials, through a collaborative system of production, education, research, and application, innovative technologies will be used to produce highly efficient biological organic fertilizers.

Wang Guodong, member of the Party Working Committee and deputy director of the Management Committee of Zhangye Economic Development Zone: “In Zhangye Economic Development Zone, we regard investment attraction as the top priority project for cultivating industrial development and promoting high-quality economic development. We have introduced a batch of large and good projects, forming a positive trend of development. The groundbreaking of this project today, with its high technological content and high added value, will have a very good demonstration and leading role in promoting the development of our economic development zone's industries, especially the accelerated development of the chemical industry. Next, we will do our utmost to provide good services for this project, ensuring its rapid construction, early completion, and early effectiveness, and making our due contribution to the economic development of Zhangye City.”

It is understood that since the beginning of this year, Zhangye Economic Development Zone has carried out solid industrial breakthrough and efficiency-enhancing actions. From January to May, a total of 26 projects were attracted, with a total investment of 12.784 billion yuan. Of the 42 construction projects included in the “three lists”, 41 have started or resumed construction, with a start-up rate of 97.62%, and an investment of 1.192 billion yuan has been completed, accounting for 173% of the planned total investment.

Graphic and text editing | Zhang Mengqin Audit | Cheng Lin Liang Jing