Yuechuang Group Signs Contract for Construction of COF Carrier and Chip Production Base in Xuzhou

On the morning of June 1st, the 2018 Xuzhou Investment Promotion Conference hosted by the Xuzhou Municipal Committee and the Municipal Government was held on the shore of the Xiangjiang River. The total investment on the 14 project sites was 13.31 billion yuan.

In recent years, Xuzhou has focused on increasing investment in the industry, and has continued to exert its power in the six traditional 100 billion and 3+3 strategic emerging industries such as equipment manufacturing and energy, nurturing and expanding equipment and smart manufacturing, new energy, and integrated circuits. ICT, medical and medical health and four emerging leading industries.

In the Hong Kong Symposium, 14 projects were signed on site, with a total investment of 13.31 billion yuan, and plans to use foreign capital of 710 million US dollars. Of these, 9 were industrial projects, accounting for 64%, all of which were strategic emerging industries. 7 industrial projects were developed, accounting for 77.8% of the industrial projects.

Xuzhou also focuses on the industrial chain and attracts merchants in characteristic industrial bases. It has achieved new breakthroughs by adopting business attraction, policy investment, and industrial fund investment, adopting various methods such as detachment, peer-to-peer, and one-on-one.

Hong Kong Yuechuang Group invested two projects in Xu in a short period of six months. The investment was to build a COF carrier and chip production base project in the Xuzhou Hi-tech Zone. It was invested by Guangdong Chuang Group after last year's investment in the construction of a liquid crystal display production base project. One of the industry chain projects, the project has advanced COF carrier + driver IC design, packaging, testing technology, which will help promote the development of integrated circuits and ICT industry in Xuzhou City.

Hong Kong is a very developed area of ​​modern service industry, and Xuzhou is actively building a regional modern highland service industry. This meeting continues to strengthen Hong Kong's unique advantages in attracting investment in modern service industries.

The comprehensive logistics port project invested by Shenzhen International Holdings in Xuzhou Hi-tech Zone will integrate the upstream and downstream logistics resources of the logistics industry chain, build infrastructure, product display, financing lease, warehouse receipts pledge, small loan, supply chain management and other functions Complete logistics industry chain ecosystem.

At the same time, the introduction of the Golden Land, Hongxing Meikailong, New City Business and other Hong Kong enterprises to Hong Kong to participate in more city commercial construction, will create Xuzhou Huaihai Economic Zone CBD to add luster.

According to the relevant person in charge of the Xuzhou Municipal Bureau of Commerce, more than 170 participants were invited by 13 units of the event. Among the participating merchants, Hong Kong businessmen accounted for 71% of the total. Most of the remaining merchants came from Taiwan, Macao and Shenzhen, and other Pearl River Delta regions. .

“Investing in Xuzhou is the right decision we made at the right time.” Wu Xiaoping, Chairman of Hong Kong-based Yue Chuang Group Co., Ltd., said that Xuzhou's good investment environment allows us to feel the importance of the government's attention to the company and its emphasis on project construction.

Among the participating merchants, more than 80% of the participating merchants were deputy general managers with investment decision rights. There were 42 '555' companies and 12 Fortune 500 parent companies and subsidiaries. , China's top 500 parent company and subsidiary company 10 companies, industry top 50 companies 20.

The unique location advantages and broad development prospects of Xuzhou have attracted more and more attention from all walks of life. This conference Hong Kong Chamber of Commerce and Industry, Hong Kong Internet of Things Association, Hong Kong China Finance Association, Hong Kong Real Estate Institute, Hong Kong SME Development Association, Hong Kong Logistics The association, Hong Kong General Chamber of Commerce in Hong Kong, Hong Kong Federation of Industry and other 10 Hong Kong and Pearl River Delta region heads of business associations.

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