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A good start for Suzhou as a great many projects launched

Since the beginning of the brand-new year, Suzhou has been making strenuous initiatives to achieve a great begin as a multitude of tasks have actually been released across the city.

Building on the radio-frequency filter chip task of Newsonic Technologies started on January 20. Advanced production lines for high-end semiconductor chips as well as the headquarters of Newsonic Technologies will be developed.

Shenzhen Lianyang Modern Technology Co., Ltd. authorized a project with Xiangcheng Area on January 20. Shenzhen Lianyang Technology specializes in the R&D and sales of high-end commercial cable televisions, automotive wire harnesses and robotic cable harnesses.

CCTV reported on Mubea Automotive Components (Taicang) Co., Ltd., a German-invested firm in Taicang, on January 19. Mubea just recently invested $100 million in developing an EV campus in Taicang, which is anticipated to produce an added result value of 1 billion yuan and add 50 million yuan in tax obligation revenue after reaching complete manufacturing.

The foundation of the mask manufacturing base of Luxin Semiconductor was laid in Suzhou Industrial Park on January 19. With an investment of 2 billion yuan, the base will certainly be finished in two phases and is scheduled to be roofed this June and realize mass production by 2025.

Building and construction on the headquarters of national-level state-of-the-art firm Suzhou Chilye started on January 19. The initial phase consists of the business’s R&D center, which covers a flooring area of 75,000 square meters. It has the capability to provide high-voltage power distribution and manufacture charging user interfaces for 5 million EVs, with an estimated output worth going beyond 2 billion yuan.

The premium environmental protection tools industrial park of Suzhou JONO Environmental Innovation Co., Ltd. opened up on January 19. With an investment of 450 million yuan, the industrial park is expected to accomplish a yearly sales of 500 million yuan after entering into operation.

Ray Everest signed a participating arrangement with Wuzhong District on January 18 to set up its international head office in the Suzhou Taihu National Tourism Vacation Area in the district. The task includes the R&D and manufacturing of automated and intelligent equipment for biomedical research laboratories and smart systems for laboratories.

BAUMANN Springs inked a take care of Changshu on January 18 to establish a car components factory. The initial phase entails an overall financial investment of $20 million and will certainly focus on the R&D and manufacturing of huge automobile springtimes. After reaching complete production, it is anticipated to call 190 million yuan in yearly sales and contribute 18 million yuan in taxes.

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