On the morning of July 28, 2020, the groundbreaking ceremony for the second phase of Anhui Ferrotec Technology Co., Ltd. and Anhui Bori Biotechnology Co., Ltd. construction project was held in Jinqiao Economic Development Zone, Yi'an District, Tongling City.

    Ding Chun, Secretary of the Tongling Municipal Party Committee and Director of the Standing Committee of the Municipal People’s Congress; Hu Qisheng, Deputy Secretary of the Municipal Party Committee and Mayor of the People’s Government of Tongling; Huang Huafeng, Member of the Standing Committee of the Municipal Party Committee and Deputy Mayor of the People’s Government of Tongling; Wang Fajin, Secretary of the District Party Committee of Yi'an District, Tongling; Secretary and District Mayor Yao Guiping Government Leader, Representative Director and President of Japan Magnetic Technology Holdings Co., Ltd., Chairman of the Board of Directors of Ferrotec (China) He Xianhan, Director Dong Xiaoping, Director of Anhui Bori Biotechnology Co., Ltd., and General Manager Yu Hai, Anhui Fullerde Co., Ltd. More than 100 people including Director Cheng Xiangyang, Director and General Manager Wang Zhe, and the company's management team and employee representatives attended the ceremony. Cheng Xiangyang, director of Anhui Ferrotec Technology Co., Ltd. and deputy general manager of Shanghai Shenhe Thermo-magnetics Electronics Co., Ltd. presided over the groundbreaking ceremony.

    Mayor Hu Qisheng expressed his warm congratulations on the start of the second project on behalf of the Municipal Party Committee and the Municipal Government. He congratulated Anhui Ferrotec Co., Ltd. and Anhui Bori Biotechnology Co., Ltd. on the construction, and looked forward to the company's rapid development based on Tongling; the government will provide a better business environment, escort the enterprise, and share development, create brilliance together.

    In his speech, Chairman He Xianhan introduced the situation of the two major projects of the centralized construction, and expressed his gratitude to the Tongling Municipal Party Committee and the Yi'an District for their strong support for the development of the Group in Tongling. We hope to further strengthen government-enterprise cooperation, make concerted efforts to jointly promote the construction and development of high-tech industrial projects in Tongling, and make new and greater contributions to the high-quality development of the local economy and society.

    At the site of the concentrated groundbreaking ceremony, representatives of the commando team of the project construction unit took an oath, and the leaders of the meeting laid the foundation for the project together, and watched and listened to the introduction of the two major projects.

    With a total investment of nearly 300 million yuan, the Bori Biological Project is wholly-owned by Hangzhou Bori Technology Co., Ltd. It is committed to the research and development and production of general laboratory consumables, microfluidic chips and other products. It is a full range of Bori Technology instruments, reagents and consumables. An important part of an integrated solution. After the completion of the Bori Biological Project, it is planned to achieve annual sales of more than 300 million yuan, and to be further developed into a Bori Biological Technology Park to promote the development of regional industrial linkages. The construction of Bori Biology has filled the gap in the domestic high-quality biological experimental consumable product line, boosted the realization of domestic industrial upgrading, and accelerated the process of "localized substitution"!

     Anhui Ferrotec Technology Co., Ltd. Phase II

    Anhui Ferrotec Technology Co., Ltd. was established in 2017. The project address is located in Tongling Yi'an Economic and Technological Development Zone. The first phase of the project invested 200 million yuan, forming an annual production capacity of 1.8 million products. Officially put into operation this month.

    The second phase of the Anhui Ferrotec Technology Co., Ltd. project has a total construction area of 9,000 square meters, equipped with 6 ceramic plasma spray production lines and a R&D and testing center. The total investment of the project is 120 million. After reaching production capacity, it will realize annual sales income of 100 million yuan, annual profit of 15 million yuan, annual tax of 10 million yuan, and employment of 150 people.

    The implementation of this project will enable the derivative services of semiconductors, TFTs, and OLEDs to better radiate Shanghai, Wuhan, Hefei, Nanjing and other surrounding areas, and contribute to the building of a semiconductor value-added industrial park in Tongling.