Recently, Jushi Chengdu Co., Ltd successfully held groundbreaking ceremony for the 220 project of tank furnace drawbench production line with 6,0000 tons annual output. Dai Xiaoming, director of Chengdu Economy Committee and related leaders from Qingbai River government and Jushi Group participated the ceremony.

The fourth phase of Jushi Chengdu Co., Ltd's project is the 220 project with 650 million yuan investment. After its establishment, it will achieve about 330 million yuan annual sales income, 70 million yuan profit and 28 million yuan tax revenue. The project also will supply for more than 600 jobs. It represented the first phase of Jushi Group's western fiberglass new materials base with 50,0000 tons annual output was started to build. The company will invest 6 billion yuan again on the project.