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Chasing the Dream, EYANG Signs New Plant with Pingshan District Government
“Realize the dreams together for a innovative Pingshan! Joining hands, let’s make efforts together for another ‘Story of Spring’”.
On November 10, Pingshan District holds the "2020 Shenzhen Pingshan Investment Conference" with the theme of "Innovation in Pingshan with Dreamers". At the conference, 39 major industrial projects with a total investment of RMB 51.75 billion are officially signed and settled in Pingshan, which are expected to contribute an output value of over RMB 100 billion in the future.
Currently, Pingshan District is accelerating the implementation of the innovation-driven development strategy, deploying the innovation chain around the industrial chain and laying out the industrial chain around the innovation chain. The 39 industrial projects signed cover key industrial fields such as new energy vehicles, biomedicine, new generation information technology and intelligent network connection, etc. In addition to a number of well-known enterprises such as BYD, Overseas Chinese Town, Xi'an Our United, CEPRIE, the South China headquarters of China Railway Fourth Bureau, Guangzhou Baiotai Biology, Blue Whale Intelligence, etc., Yuyang Technology also participates in the event.
EYANG Technology Pingshan Project, with a proposed investment of RMB 1 billion, aims to build a high-end and highly reliable industrial-grade MLCC product production base and R&D pilot base for emerging markets such as 5G base stations, new energy vehicles, intelligent network connection and IoT. Upon commencement of production, the annual production capacity of the Pingshan Project will be about 200 billion pieces, with an annual output value of RMB 1.1 billion. In the future, national, provincial and municipal innovation experimental platforms will be established under EYANG Technology Pingshan Project so as to inject strong impetus into the R&D and technological innovation of enterprise.
Meanwhile, the East China Base of EYANG Technology, located in Chuzhou Economic and Technological Development Zone, Anhui Province, has also completed the signing of the construction contract for infrastructure works and the infrastructure work has officially started. It is proposed to be completed in September 2021, with the planned construction of workshops, dormitories and auxiliary facilities, and with a total construction area of nearly 70,000 square meters.
EYANG has been endeavoring to expand the production capacity, optimize the product structure, improve the overall competitiveness of the Company, build a national brand, and contribute to the development of Chinese electronic components.