The LED sapphire substrate project, which has received a 5 billion yuan investment from Nanjing Gaojing Transmission Equipment Manufacturing Group Co., Ltd., has officially been signed and settled in the Qingshan District of Baotou. Once completed, this project is expected to produce 25 million LED sapphire substrates annually, generating an impressive annual sales revenue of 10 billion yuan. During the signing ceremony, the Baotou Municipal Government highlighted the importance of providing excellent services to ensure the timely completion of the project. Meanwhile, Nanjing Gaojing Transmission Equipment Manufacturing Group expressed its commitment to starting construction as soon as possible to contribute to Baotou's economic growth. As a leading player in China's industrial gear transmission equipment R&D and manufacturing sector, Nanjing Gaojing achieved total assets of 15 billion yuan and sales revenue of 10 billion yuan in 2010, ranking 35th among the top 100 Chinese machinery industries. This marks their first venture into the production of LED sapphire substrates.
In addition to these developments, the collaboration between Baotou and Nanjing Gaojing aims to leverage Baotou’s abundant resources, particularly its rich reserves of rare earth materials, to enhance the quality and efficiency of LED sapphire substrate production. The local government has pledged full support to facilitate smooth operations and foster an environment conducive to innovation and growth. Meanwhile, Nanjing Gaojing plans to integrate cutting-edge technology and advanced management practices to maximize productivity and ensure long-term sustainability.
This project not only signifies a strategic expansion for Nanjing Gaojing but also underscores Baotou’s ambition to become a hub for high-tech industries. By leveraging synergies between regional strengths and corporate expertise, both parties hope to create new opportunities for technological advancement and economic prosperity. The initiative is expected to generate significant employment opportunities and stimulate related industries, further solidifying Baotou’s position as a key player in China’s emerging tech landscape.
Overall, this partnership represents a milestone in collaborative efforts between businesses and local governments, reflecting a shared vision for sustainable development and mutual success.
Art Brush,Art Bristle Brush,Art Design Paint Brush,Art Plastic Paint Brush
Jiangmen Nichiyo Decorative Material Co.,Ltd. , https://www.nichiyopt.com