A major investment project of 6 billion high-end new materials settled

On February 23, the guests in the conference room No. 5 of Qixi International Hotel, Qianjiang, Hubei, were applauded. Qianjiang City's first quarter of 2021 project centralized signing "good start" event was held here. With the signing of the agreement by Dr. Shu Xin, Chairman of the Board of Directors of Jinao Holding Group and Chairman of Wuhan Jinkong Energy Group Co., Ltd., a major investment project with a total investment of 6 billion yuan in high-end new materials has officially landed.

Wu Zuyun, Secretary of the Qianjiang Municipal Party Committee, Gong Dingrong, Deputy Secretary of the Municipal Party Committee and Mayor, Shen Donghui, Chairman and Party Secretary of the Qianjiang CPPCC, Jin Maoqing, Deputy Secretary of the Municipal Party Committee, Li Xibin, Member of the Standing Committee of the Municipal Party Committee and Secretary of the Political and Legal Committee, Chen Qingzhong, Member of the Standing Committee of the Municipal Party Committee and Secretary-General of the Municipal Party Committee, Standing Committee of the Municipal People's Congress Deputy Director Huang Fajun, Deputy Mayor Lei Yucheng, Deputy Secretary of the Qianjiang CPPCC Party Group and Vice Chairman Zhao Changan attended the signing ceremony. Deputy Mayor Lei Yucheng, on behalf of the municipal government, signed the investment agreement with Dr. Shu Xin, Chairman of the Board of Directors of Jinao Holding Group and Chairman of Wuhan Financial Holding Energy Group Co., Ltd. The meeting was presided over by Cui Chuanjin, Member of the Standing Committee of the Municipal Party Committee and Executive Deputy Mayor.

In this good start event, a total of 24 major projects including the "High-end New Material Industrial Park" of Wuhan Jinkong Energy Group were signed. Faced with the fruitful results of investment promotion, Mayor Gong Dingrong pointed out in his speech that signing a contract means signing the future. The large number, large volume and high gold content of the contracted projects will inject new vigor and impetus into the high-quality development of Qianjiang's industry, and take a solid step for Qianjiang to realize the "14th Five-Year Plan".

The "High-end New Material Industrial Park" project is located in Qianjiang Economic Development Zone, with a total area of 2202.27 acres. The project content includes: 300,000 tons/year phenol-acetone plant, 180,000 tons/year bisphenol A plant, 300,000 tons/year PC polycarbonate combined plant, 200,000 tons/year propylene oxide-450,000 tons/year Styrene (POSM) combined plant and 10 sets of production plants including polyether polyol, ethylene propylene rubber, polyolefin elastomer and supporting public engineering system. It mainly produces high-end new chemical materials such as PC polycarbonate, propylene oxide, styrene, polyether polyol, ethylene propylene rubber, and polyolefin elastomer (POE).