With a total investment of 230 million yuan, the LED lighting industry modified engineering plastics project was launched in Zhejiang

According to "Jiande Release" news, the LED lighting industry modified engineering plastics project invested by Xiamen Jinbang Holdings Co., Ltd. has recently been launched in Qintang Township, Jiande City, Hangzhou, Zhejiang. The project is located in Putian Village, with a total investment of approximately 230 million yuan and a planned land area of ​​45 acres. It will be implemented in two phases.

Image source: Jiande Release

Specifically, the first phase of the project is planned to cover an area of ​​10 acres and build a factory with a construction area of ​​approximately 12,000 square meters, supporting three 65-machine production lines and related environmental protection facilities. It is expected to be completed in May 2026. The second phase plans to use 35 acres of land as supporting industrial chain, with a construction area of ​​about 40,000 square meters. Construction is expected to start in June 2026.

After the project is completed, it is expected to achieve an annual production capacity of 15,000 tons of LED industry-related materials, with an annual output value of up to 150 million yuan. According to official information, the project is expected to improve the supporting capabilities of Qintang Optoelectronics Industry and reduce logistics costs for surrounding companies by about 15%. The annual cost savings for a single local company is expected to exceed 10 million yuan.

According to data, Xiamen Jinbang Holdings Co., Ltd. is a production enterprise specializing in the application development and trade sales of engineering plastics and modified plastics. The company's main business covers three major modules: engineering plastics brand agency, independent modified product production and polyformaldehyde distribution. The main products include polycarbonate, polyformaldehyde, polybutylene terephthalate, etc. (Source: Jiande Release)

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