Jiangsu New Power Energy Group has begun construction on its Ai Shang Nantong environmental protection new materials project in the Tongzhou Bay Jiang-Hai Joint Development Demonstration Zone.

The project has total investment of 1.25 billion yuan ($172.86 million) and aims to establish one of the world's leading AAC (autoclaved aerated concrete) super factories. Once completed and operational, the project will feature an annual single-line production capacity of 800,000 cubic meters of AAC panels, setting a new benchmark in the industry.

Located in the demonstration zone's high-tech comprehensive park, the project covers an area of approximately 160 mu (10.67 hectares). Construction is expected to be completed by August 2025. Upon full production, the project is projected to generate annual sales of over 450 million yuan and contribute more than 32 million yuan in tax revenue, providing significant economic benefits to the local community.

Established in 1999, Jiangsu New Power Energy Group has grown into a large-scale enterprise group with multiple subsidiaries, continuing its commitment to innovation and sustainable development.

A rendering of the project. [Photo/Nantong Daily]