In light of the intensive use of land, authorities of the Taixing High-tech Zone has been encouraging manufacturers to build taller instead of wider facilities.
Representatives from the National Development and Reform Commission recently made a visit to Jiangsu Xianjin Technology Semiconductor Equipment Co Ltd.
Construction of the Caifu Center (Fortune Center) building – located in the Taixing High-tech Zone, in Taixing city, East China's Jiangsu province – is now underway, with delivery expected in October next year.
The Beijing Stock Exchange has approved the initial public offering, or IPO of Jiangsu Shengnan Electronic Technology Co Ltd – located in the Taixing High-tech Zone – which will lead to the listing of its shares.