Two billion-yuan projects of Tongkun start operation

On October 15, 2023, two billion-yuan projects, the Henglong Phase III Project and the Hengchao Intelligent Transformation Project of Tongkun, both commenced.

The total investment of these two projects is 2 billion yuan, covering an area of 255 mu. After the projects are put into operation, the two companies are expected to achieve sales revenue of over 15.5 billion yuan and a tax revenue of 1.5 billion yuan.

Among them, the total investment of the Henglong project is 1 billion yuan, covering an area of 217.5 mu. It adopts highly automated, intelligent, and green low-carbon processes to achieve the transformation and upgrading of Henglong Company. After completion, it will have an annual capacity of 200,000 tons of fine chemicals and 100,000 tons of interface agents. As a strong project in the Tongkun Group's industrial chain, the Henglong project breaks free from the traditional chemical fiber industry, develops new materials, solves the bottleneck problem of industry development, and also enters the fields of daily chemicals, home appliances, and automobiles based on technological accumulation.

The Hengchao project, which commenced at the same time, has a total investment of 1 billion yuan. Through upgrading and transformation, it will further enhance the production and manufacturing capabilities of cutting-edge new materials.