Hi-tech companies invest $3 billion for Zhuhai locations

A signing ceremony for 25 key projects of the National Hi-Tech Industrial Development Zone (Tangjiawan-based) was held Aug 20 in Southern Software Park, bringing in total investment of 21 billion yuan ($3.2 billion).

The third-quarter projects cover a wide variety of areas including Shenzhen-Zhuhai cooperation, software and integrated circuits, biomedicine and medical equipment, intelligent manufacturing and robots, and headquarters economy. They are expected to generate 56 billion yuan ($8.63 billion) in output value once operational.

Chiphone Technology, a leading total display control solution provider based in Beijing, will establish a South China headquarters that will comprise R&D, sales, advanced testing, and exhibition and experience centers. A new-type display industrial cluster will center on the industrial and innovation chains of the enterprise.

Rendering of HeavyBio Diagnosis Science & Technology Industrial Park[Photo courtesy WeChat account: zh_gxq]

An independent IP design enterprise will be established by Guangzhou CanSemi Technology. In addition to IP design services, the enterprise will design and market standard memorizers and industrial and vehicle-mounted microcontrollers. Both its investment and output value will reach 200 million yuan ($30.84 million).

Beijing Showmac will relocate headquarters and build an Internet of Things R&D base in Tangjiawan. The project will focus on the R&D, sales, and cloud services of eSIM, AIoT, and wireless audio with investment of 220 million yuan ($33.92 million) and output value of no less than 400 million yuan ($61.68 million).

Shenzhen HeavyBio will invest 500 million yuan ($77 million) to build a diagnosis science and technology industrial park and offer one-stop "raw materials + reagents + materials" solutions for in vitro diagnosis enterprises. The output value is forecasted at 450 million yuan ($69.39 million).

In addition, Shenzhen Geekvape Technology will build an electronic atomization equipment industrial park and Shenzhen Rayson Technology will set up a headquarters base. Five other cooperative projects with Shenzhen will also be advanced as the Hi-Tech Zone develops a Shenzhen-Zhuhai Cooperation Demonstration Zone.

As a new engine for Zhuhai's high-quality development, the demonstration zone will serve as a central knowledge and innovation area, which is advanced in modernized, internationalized, forward-thinking, eco-friendly, and "smart" levels.