Documents are signed for an intelligent construction equipment production center. [Photo/WeChat account: gh_4df9b5f9b40b]
A signing ceremony establishing an intelligent construction equipment production center – located in the Hailing Industrial Park, in the Hailing district of the city of Taizhou, in East China's Jiangsu province – was held on May 6.
The facility is being funded and operated by Good Fortune Innovative Intelligence Technology Co Ltd, with a total investment of 500 million yuan ($72.23 million).
The plan is to construct four intelligent rail sleeper equipment production lines, mainly used for high-speed rail lines, bridges and roads.
Once going into operation, they are expected to generate annual sales of 500 million yuan and pay taxes of 15 million yuan.
Based on cloud computing, the internet of things, intelligent robots, intelligent devices and other advanced technologies, the company has established a number of intelligent factories and has got involved in many national high-speed railway projects.
Backed by academicians and expert workstations, self-developed products from the company have obtained over 1,000 international and domestic technology patents.