At 2:28 pm on December 8, 2023, the groundbreaking ceremony for the construction project of Ningbo Jiusheng Technology Co., Ltd.'s pneumatic tool and component production base was held at Jiusheng Technology Construction Base. Jiang Suya, Executive Vice President of Xinbang Technology, and leaders of various departments witnessed this important moment together.
Executive Vice President Jiang Suya delivered a speech at the ceremony. She first expressed sincere gratitude to the leaders and colleagues, and then focused on introducing the basic overview, planning and development of the Jiusheng Technology Pneumatic Tool and Component Production Base construction project. She also expressed her beautiful vision and outlook for the future development of the project.
Xinbang Technology started with pneumatic tools, developed in the field of pneumatic tools, and now actively develops the recycling and comprehensive utilization of renewable resources industry. In recent years, the company's scale and performance have reached new highs. Today, Xinbang has become a strong representative of regional economy, a specialized and innovative enterprise in Ningbo City, and one of the leading enterprises in the non-ferrous metal recycling aluminum industry in China.
The Jiusheng Technology project invested in this construction includes the construction of an investment headquarters building and a pneumatic component industry base, including research and development, production, office, etc. The building area is 42000 square meters, the total investment of the project is 230 million yuan, and the planned output value is 500 million yuan. It will actively expand the company's product categories, enhance industrial upgrading, and improve the high-quality and sustainable development of the regional economy.
After the enthusiastic speech, Mr. Jiang announced the start of the Jiusheng Technology project. The leaders and guests attending the ceremony held a golden shovel together, laying the foundation for Jiusheng Technology. This marks a crucial step in the construction of the pneumatic tool and component production base project of Ningbo Jiusheng Technology Co., Ltd., which will become a significant new business card for Ningbo and even China's manufacturing industry in the future.
Accompanied by fireworks filling the sky and cannon music echoing, the foundation laying ceremony of Jiusheng Technology project was successfully completed. We will uphold the corporate mission of innovation, collaboration, and continuous pursuit of excellence to create more value for employees and society.
All things are updated with great vigor, and we are working hard at the right time. Let us look forward to the early completion and operation of Jiusheng Technology, opening a new chapter in the company's development!