File photo: A group of overseas journalists pose for a photo during their visit to the ZTT technological innovation center in Nantong. [Photo/ntjoy]

"ZTT Group will increase investment to build the 10-billion-yuan ($1.44-billion) ZTT Industrial Park," said Xue Jiping, president of ZTT Group, which is based in Rudong, Nantong, East China's Jiangsu province.

In recent years, ZTT Group has invested billions of yuan to construct the ZTT Industrial Park, which is home to a number of the group's subsidiary companies.

Xue added that in the first half of this year, the industrial park generated more than 5 billion yuan in sales revenue.

"ZTT Group has always pursued high-quality development through our own innovations," said the president.

The group has been listed as a national high-tech enterprise, a demonstration intelligent factory in Jiangsu, and a provincial-level private sci-tech enterprise, and two of its products have been recognized as provincial-level high-tech ones.

One of its subsidiaries Jiangdong Electronic Materials Co Ltd was identified as a national high-tech enterprise.

Authorities in Rudong and the Rudong Economic Development Zone offer us efficient services and ensure smooth operations, added Xue.

He also said that Rudong is the best possible place for ZTT Group and the company has an obligation to repay the town.

ZTT Group will continue building a more competitive industrial cluster in an effort to boost the development of the electronic information industry in the Rudong Economic Development Zone, Xue concluded.

ZTT Group currently has 76 subsidiary companies, 54 overseas offices, and 10 overseas marketing centers and its products are exported to 160 countries and regions.