With the welcome arrival of spring, the tempo has really picked up among the resident businesses of Hailing Industrial Park – located in Taizhou city in East China's Jiangsu province – which are now bustling with activity, gearing up for a strong start to the first quarter.
One of the star performers is Jiangsu Zhongke Kehua New Materials Co Ltd. A leading player in semiconductors packaging materials, it's witnessing a surge in demand.
With orders booked until May and a confident outlook, the company plans to ramp up its investments in technology and infrastructure to meet demand needs. Anticipating a stellar year ahead, management are projecting sales of 340 million yuan ($47.14 million) with a tax contribution of 5 million yuan in 2024.
An employee monitors a machine in the workshop of Jiangsu Zhongke Kehua New Materials Co Ltd. [Photo/WeChat account: gh_4df9b5f9b40b]
Another top performer is Jiangsu Golden Bridge Welding Material Technology Co Ltd. It's celebrating significant improvements in production efficiency and economic benefits following the establishment of its state-of-the-art intelligent manufacturing workshop.
With an annual output value estimated to top 700 million yuan and hefty reductions in defect rates, energy consumption and labor costs, the company is poised for further growth.