Six innovative hi-tech enterprises with high-quality talents and promising development prospects have signed agreements to settle in the Zhuhai National Hi-Tech Industrial Development Zone (Tangjiawan) on Jan 26. Once operational, they will generate 1.13 billion yuan ($177 million) in annual output value and 86.5 million yuan ($14 million) in tax revenue.

Online signing ceremony [Photo by Wu Changfu / Zhuhai Daily]

With total investment of 680 million yuan ($107 million), the six projects cover semiconductor equipment, biomedical and medical devices, as well as smart manufacturing. They are invested by companies including Wuhan-headquartered HC Semitek, Zhuhai-based Guangdong Rulebit Intelligent Robot Technology, and Shenzhen YIXG Technology. 

High-quality follow-up services will be provided to the companies to help projects start operation sooner. The hi-tech zone's three investment attraction offices in Beijing, Shenzhen, and Suzhou are expected to introduce over 160 major projects this year, with total investment exceeding 48 billion yuan ($8 billion). 

Last year, Tangjiawan attracted 82 projects with over 40 billion yuan ($6 billion) in investment and an estimated annual output value of 75 billion yuan ($12 billion).

The signing ceremony was held online due to current COVID-19 pandemic prevention and control measures.