The first five enterprises to invest in Doumen Intelligent Manufacturing Park predicted at an Aug 31 signing ceremony that their 1.2 billion yuan ($188 million) in projects would generate annual output value of 3 billion yuan ($469 million) in the first year of production.

P&R Measurement Technology, for instance, already has its headquarters at Baijiao Science & Technology Industrial Park. The company deals "especially in consumer electronics, automotive electronics, home appliances, motor, engineering machinery, bridge and tunnel" and more. 

Signing ceremony [Photo courtesy WeChat account: meilidoumen]

In all, the companies produce new materials, develop software, and manufacture precision instruments at the park in Baijiao Town. They are all highly value-added, high-earning, and heavy-tech projects with intensive land use and massive investment. Representatives revealed that each is planning to launch an IPO.

Baijiao's transportation advantages (on the Xijiang River where several major highways cross) have attracted a group of associated industries to support the intelligent manufacturing sector. The park will bolster its businesses by creating R&D organizations and attracting high-level innovative and entrepreneurial teams.

The town hosting the park is famous for Baijiao Sea Bass, a local specialty known for exquisite taste and health benefits.