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The total investment of 60 LCD module production lines is 2.5 billion yuan

Prev Update date: Mar 31,2021 Next

March 23, Horgos Economic Development Zone (city) held a LCD module production project signing ceremony, a total investment of 2.5 billion yuan of 60 LCD module production line project settled in Horgos. Hao Jianmin, member of the standing Committee of the state party committee, executive deputy secretary of the party work committee of the development zone, director of the management committee and secretary of the municipal party committee, attended the signing ceremony.


Hao Jianmin pointed out in the discussion that Horgos, as an important window for China's opening to the west, a growth pole for high-quality development in Xinjiang, and a demonstration area for development and opening along the border, was highly valued and given a series of preferential policies. In January 2021, the Xinjiang Uygur Autonomous region issued the "guidance on further promoting the high-quality development of Horgos ", which injected a strong impetus into the development of the Special Zone. Perfect infrastructure, convenient customs clearance environment, preferential trade policies for enterprises to develop equipment manufacturing, new energy industry to provide superior conditions. Horgos municipal party committee and municipal government will do their best to create an excellent environment for the development of enterprises, do a good job of services, provide extensive support, in the exchange and cooperation to achieve complementary advantages, mutual benefit and win-win, in the development of a new spectrum, create brilliant.


At the signing ceremony, the deputy secretary of the party work committee of the development zone, deputy director of the management committee, deputy secretary of the municipal party committee, and mayor jaines hades signed a formal investment agreement with Cai Yiyou, general manager of Hong Kong Xinwei Trading Co., Ltd. Mr. Chua said Horgos has obvious advantages in location, policy and openness, solid industrial foundation, good investment and business environment, and has broad prospects and great potential in electronic information industry, cold chain logistics industry, food processing industry and equipment manufacturing industry. Enterprises will increase communication and docking with Horgos, speed up the pace of construction, and contribute to the high quality development of Horgos economy.


We understand that Hong Kong Xinwei Trading Co., Ltd. was founded in 2017, the company's main business includes film field effect transistor LCD (TFT- LCD), organic light emitting diodes (OLED) and other new flat panel display devices. In Horgos investment project total investment 2.5 billion yuan, estimated annual output value of about 3.5 billion yuan.


"In accordance with the arrangements of the municipal party committee, we will give full play to Horgos's three advantages of location, policy and opening up, combine domestic and foreign resources, two markets, take the real economy as the core, focus on processing trade and service trade, take the comprehensive insurance area and the southern industrial park as the carrier, focus on scientific and technological innovation, financial services and human resources, focus on large projects, extend the industrial chain, continuously optimize the business environment, and speed up the transformation of' channel economy' to' industrial economy' and' port economy. "At this stage, we have made every effort to strengthen the modern industrial system, strategic emerging industries, actively cultivate new energy vehicles, high-end equipment manufacturing, new materials and other industries, accelerate the construction of new electronic materials, semiconductor sealing, electronic components, information terminals assembled in one of the electronic information industry gathering areas, build export-oriented electronic products manufacturing base, and strive to build Horgos into a growth pole of high-quality economic development throughout Xinjiang ." Horgos Economic Development Zone Merchants Bureau (Business Economic Information Bureau) party secretary, director Yan Fei said.

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