The completion ceremony of 12 projects

On August 18th, 2007, Xuzhou Economic Development Zone holding the completion ceremony of 12 porjects, including Ants Industry project. Tian Haiyong, President of Hongkang Enterprise and leaders of development zone attend the ceremony. City Party committee, secretary of the Party committee of Xuzhou Economic Development Zone delivered the speech in the ceremony.

The 12 projects involved: Ants Industy, CPPX, China Railway electrical Group, Jia Xing Machinery Group. The total investment of these projects reaches one billion and eleven hundreds million RMB, include 57.1 million foreign investment. Basically, these projects concentrated in the machinery and electrical area and owning self-growing and spread ability. All of these projects may increase three billions income per year.