Key enterprises in Yanweigang Town

Huacheng Paper Co., Ltd., with an annual output of 50,000 tons, was invested and built by Zhejiang businessman Jiang Lixin with a total investment of 50 million yuan. Construction started in June 2004 and trial production started in December 2005. It has now been put into production, with an annual designed production capacity of 50,000 tons of corrugated paper, an annual output value of 100 million yuan, and a profit and tax of 20 million yuan.

Xinxinlong Chemical Co., Ltd., with a total investment of 50 million yuan, was invested and constructed by Sushang. It has been put into production with a designed production capacity of 50,000 tons of pharmaceutical intermediates and an annual output value exceeding 500 million yuan.

The Xiangyuan Chemical Co., Ltd. with an annual output of 600 tons was invested and constructed by Taiwanese businessman Peng Qinya with a total investment of US$2.8 million. Construction started in March 2005 and trial production was completed in March 2006. The annual designed production capacity , 600 tons of pharmaceutical intermediates, with an annual output value of US$3.8 million and profits and taxes of US$900,000.

The Shenyan Laver Co., Ltd. with an annual output of 35 tons was invested and built by Qidong businessman Chen Kuanbo with a total investment of 8 million yuan. Construction started in June 2003 and was put into production in January 2004. The actual annual production capacity is 25 tons. The output value was 6.56 million yuan and the profit and tax was 1.85 million yuan.

Sheng'an Chemical Co., Ltd. with an annual output of 100 tons was invested and built by Tang Jian'an, a businessman from Wujin, Changzhou, with a total investment of 5.12 million yuan. Construction started in September 2005 and was put into production in December 2005. The annual designed production capacity is 100 tons of chemical intermediates, with an annual output value of 5.8 million yuan and a profit and tax of 1.2 million yuan.