Nowadays, manufacturers in the Taizhou Port Economic Development Zone – located in Taizhou city, in East China's Jiangsu province – have been even more busy with production, to ensure they achieve their annual output targets.
Taizhou Hongteng Technology Co Ltd is a prime example. It makes high-performance eco-friendly adhesive products, sound insulation and noise reduction products, as well as lightweight composite materials.
Entering the peak season for automobile sales in September, the increasing demand for auto-related products spurred the company to recently buy nine CNC intelligent machine tools, further boosting its output capacity.
"We will continue to expand our spare parts market share in the overseas automotive market, increase the launch of new products – striving to achieve our annual revenue target of 50 million yuan ($7.01 million)," said Li Runtao, its deputy general manager.
From January to October, the zone achieved an industrial output value above a designated size of 27.53 billion yuan, a year-on-year increase of 22.2 percent.
Looking ahead, it will continue to push to optimize its business environment, strengthen its enterprise production tracking and scheduling and implement a series of support policies for resident companies.
Work gets underway at Taizhou Hongteng Technology Co Ltd. [Photo/WeChat account: gh_1ff53eb21f0a]