Tongcheng Economic Development Zone Construction Investment Group and CNBM signed a PV cell packaging material project in Tong. Valued at 2.5 billion yuan, the project will feature 2 production lines each producing 1200 tonnes daily, with the first starting construction in March 2024, and both expected to be operational by 2025. Upon full production, it aims for annual taxable sales of 3 billion yuan, an annual tax payment of 100 million yuan, and 3,000 job opportunities.
CNBM joins forces for 2.5 billion Yuan PV venture
The project is anticipated to stimulate the growth of local industries such as machinery manufacturing, logistics, transportation, and plastic packaging in Tongcheng. Image Credit weixin.
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