On the morning of October 28, an industrial base program of Well-Tech Technologies (Changzhou) Co., Ltd. broke ground in Xuejia Town, Xinbei District. The program, with a total investment of RMB 429 million, is expected to reach an annual sales revenue of RMB 700 million, generating RMB 30 million in tax revenue.

The program focuses on the manufacturing of high-end and precision components. With nearly 50,000 m²in floor area, the base will provide R&D space, production sites and supporting facilities. After going into operation, the manufacturing base will produce precision components for semi-conductors, medical devices, rail transit, and industrial equipment.

Founded in 2003, Well-Tech Technologies offers clients comprehensive solutions ranging from the design and manufacturing of products to sales and related services.