Hoardsun Tech Group signs major optical film project with Xinwu

A signing ceremony for Hoardsun Tech Group's optical film project is held in Xinwu district, Wuxi. [Photo/WeChat account: xinwu_wx]

On Aug 12, Hoardsun Tech Group signed an agreement to establish a new optical functional film project in Xinwu district, Wuxi. The group, a high-tech enterprise focused on strategic emerging industries, operates in various sectors including aerospace information, new displays, semiconductors, new materials, and new energy.

The project aims to integrate the optical film businesses of the group's subsidiaries to produce optical films and related materials. Leveraging Hoardsun's resources in the optoelectronics and display sectors, the project will establish a comprehensive industrial chain in Wuxi, connecting upstream and downstream enterprises.

Du Xiaogang, mayor of Wuxi, emphasized the city's strong commitment to ensuring that work on the 10-billion-yuan ($1.4-billion) project goes smoothly at both the municipal and district levels.

Chen Rongsheng, chairman of Hoardsun, expressed his confidence in Wuxi as a fertile ground for development and innovation. He stated that the company is eager to accelerate the construction of the project while aligning its expertise in innovation with Wuxi's strong industrial foundation.