Zhejiang Changxing County Economic Development Zone, busy working overtime to build a new factory. This steel group invested 2.5 billion in the new graphite material company of Xingjian Steel Group.
Construction Steel Group's new graphite material company is divided into two phases. The first phase is a special graphite material production base with a total investment of 1.072 billion yuan. The annual output value will reach 1 billion yuan after the project is put into operation in 2011. The total investment of the second phase will exceed 1.4 billion yuan. After the whole project is put into production, the Steel Group will establish Changxing County as a large-scale modern high-tech enterprise with the world's most advanced level in the field of graphite materials.
At present, the new graphite material company of the Steel Group has entered into tight construction. The State Building Materials Group Corporation invested 1.4 billion yuan and acquired three cement plants in Changxing. The introduction of central enterprises has effectively promoted the development of local enterprises in Changxing.
The investment amount of the central enterprises project is 100 million yuan or even several billion yuan. It attaches great importance to scientific and technological innovation, and the equipment level is at an advanced level both nationally and internationally. The demonstration effect of central enterprises can drive a number of supporting projects with high technology content, high input, high output and low pollution quality.

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