Integrated Shoot-nail Project with an Annual Production Capacity of One Billion Begins in Zhong County, Chongqing

|ChinaNews|Published:2022-05-19 16:04:43

Recently, an integrated shoot-nail manufacturing project with an annual production capacity of one billion is officially launched in Zhong County, Chongqing City, China. The project is located in Wuyang Industrial Park, Zhong County, with a total investment amount of CNY 350 million, and will be constructed in two phases.

It is learned that a new factory building of more than 4,800 square meters will be built during the first phase of the project. After it is constructed and put into operation, with a planned annual production capacity of one billion integrated shoot-nails, the factory’s annual output value is expected to be no less than CNY 300 million while the annual tax revenue will be no less than CNY 20 million, hiring more than 80 employees can be placed. The construction period of the first phase is 10-month-long, and trial production is expected to start in January 2023.

A new plant of 13,000 square meters during the second phase, forming an annual production capacity of 200,000 integrated shoot-nails. After it is constructed and put into operation, the annual output value is expected to be no less than CNY 450 million while the annual tax revenue will be no less than CNY 30 million, hiring more than 120 employees. The start time of the construction of the second phase shall be decided based on the market demand, with a construction period of 18 months.

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