On October 17, Hohhot Economic and Technological Development Zone and Taizhou Lujun Machinery Co., Ltd. held a signing ceremony for R & D, production and equipment manufacturing of new plastic-steel photovoltaic brackets.
It is understood that the contracted project plans to use the standard workshop of Hohhot Economic and Technological Development Zone, with a total investment of 1 billion yuan, to build 15 photovoltaic bracket production lines, and to develop, produce and sell new photovoltaic equipment.
The project is divided into three phases of construction: the first phase of the project, with an investment of about 50 million yuan, is planned to start construction in October 2023 and formally put into operation in April 2024, with an annual output value of about 300 million yuan, tax revenue of about 5 million yuan and employment of about 100 people; The second phase of the project, with an investment of about 200 million yuan, is planned to start construction in April 2024 and put into operation in December, with an annual output value of about 1 billion yuan, a tax revenue of 15 million yuan and employment of about 300 people; The third phase of the project, with an investment of about 750 million yuan, is planned to start construction in April 2025 and put into operation in December, with an annual output value of more than 3 billion yuan, a tax revenue of about 100 million yuan and employment of about 600 people.