On the morning of April 28 , the project of Chinatex Grease Jingzhou grain and oil processing with total investment RMB 840 million yuan settled in Lingang Industrial New City Jingzhou District. Jingzhou Municipal Party Secretary Li XinHua attended the foundation-laying ceremony and declared the start of the project.
The chairman of Chinatex Corporation Zhao Boya, the vice president Ding Rongxiang and the general manager of Chinatex Grease Company Guo Qingzhong laid foundation for the project together with the municipal leaders Li Xinhua, Wu Fangjun and Dou Huafu.
On the ceremony, Zhao Boya stated, the government at municipal and district levels provided a series of beneficial policies for the project and created a practical and effective service system for investment; the excellent investment environment in Jingzhou made Chinatex Corporation decide to arrange the park project with strategic development significance in Jingzhou; the corporation is confident in the completion of the construction of the project, which can bring benefits as early as possible.
Wu Fangjun, member of Standing Committee of Municipal Commettee and First Deputy Mayor, said in the address, “The cooperation of Chinatex Grease Company with Jingzhou city is the concrete action in support of Jingzhou to create the agricultural products processing industry with thousands of billion yuan, which will certainly inject strong impetus into the Back-Strengthening Project and the acceleration of Jingzhou’s revival; the functional departments at municipal and district levels are expected to support the construction of the project by the most favorable policy, the excellent environment and top services”.
The project covers an area of 531.1 mu and is expected to have the total prodcution ability of 1,172,000 tons. The annual sales revenue will achieve RMB 4 billion yuan after the completion of the project, which also will promote other relating industries nearly ten billion yuan and provide 800 jobs. Chinatex Grease Limited Company is the wholly-owned subsidary of Chinatex Corporation. Chinatex Corporation, founded in 1951, is one of China’s top 500 companies and mainly runs two major business, namely, textile and grain oil.
Yuan Defang, Secretary of Jingzhou District Committee of the CPC, and Liu Runchang, District Mayor, attended the foundation-laying ceremony.