Jiangsu Hai'an High-tech Industrial Development Zone finalized an investment pact with Jiangsu Minglida and Hai'an County's People's Government for a groundbreaking aluminium alloy precision die casting initiative. This venture, disclosed during the 14th meeting of the second Board of Directors on December 15, details the plans for a new project, aiming for precision in aluminium casting.
The Management Committee of Jiangsu Hai'an High-tech Industrial Development Zone unveiled a significant development, sealing an investment agreement with Jiangsu Minglida and the People's Government of Hai'an County. This landmark agreement, announced during the 14th meeting of the second Board of Directors, revolves around establishing an innovative aluminium alloy precision die casting project.
The signed agreement delineates comprehensive investment aspects for the upcoming aluminium alloy precision die-casting endeavor in Hai'an County. Witnessed by the Administrative Committee of Hai'an High-Tech Zone, Jiangsu Minglida Technology Co., LTD., Jiangsu Haisui Industrial Park Development Group Co., LTD., and the People's Government of Haian City, this pact reinforces a strategic commitment to progress and growth.
Jiangsu Minglida, a wholly-owned subsidiary, aims to elevate its trajectory by entering into the "Supplementary Agreement II" with the Management Committee of Hai'an High-tech Zone. This strategic move involves erecting a new "Aluminium alloy precision die casting Phase II Project" at a specific location within Hai'an-High-tech Zone, signaling a dedicated effort towards precision and innovation.
The project signifies a substantial leap in the region's industrial landscape, poised to bring cutting-edge technology and precision techniques to the forefront of aluminium alloy die casting. The infusion of advanced methodologies and precision-focused practices underscores the commitment to push boundaries in the sector.
Through this strategic alliance and investment, the Hai'an High-tech Zone anticipates a notable boost in its industrial prowess, contributing significantly to the region's economic growth and technological advancement. Moreover, the collaboration is envisioned to create employment opportunities, fostering socio-economic development within the Hai'an County.
The partnership between Jiangsu Hai'an High-tech Industrial Development Zone, Jiangsu Minglida, and Hai'an County's People's Government heralds a groundbreaking era in aluminium alloy precision die casting. This initiative, highlighted during a recent meeting, signals a strong commitment to innovation and industrial advancement, promising significant economic growth and employment opportunities for Hai'an County.