Advancing Toward a 50-Billion-Yuan Industrial Hub

Deep News
08/18

With 100 designated industrial enterprises above a certain scale, 76 high-tech firms, 16 foreign-invested companies, and 24 listed companies already established, the zone has built an impressive roster. It has also nurtured 6 provincial gazelle enterprises, 2 provincial potential unicorns, 49 provincial specialized and innovative firms, 6 national-level "Little Giant" enterprises, and 2 key national "Little Giant" companies, steadily expanding its tier of high-quality businesses. This is the remarkable track record that Taizhou Port Economic Development Zone has achieved over more than two decades since its inception.

From the groundbreaking of Gaogang Science and Technology Innovation Park in 2002 to its current standing among the top tier of provincial development zones, Taizhou Port Economic Development Zone has written an epic story of transformation from a traditional industrial area to a modern industrial city. Particularly since the Great Wall Motor Company Limited (601633) vehicle project settled in the zone, a wave of core auto parts suppliers has followed, including Jingcheng Engineering, Nobo Automotive, SVOLT Energy, SVOLT Weiling, SVOLT Zhixing, Mando Components, and Ant Logistics. These have collectively driven 16 billion yuan in investment, with the automotive industry's output value surging from 877 million yuan in 2019 to 20.77 billion yuan in 2025.

From January to July this year, the zone's vehicle production reached 109,300 units, up 61.4% year-on-year, while Great Wall Motor Company Limited (601633)-affiliated companies generated 11.147 billion yuan in invoiced sales, a 35.76% increase. Today, the zone occupies just 7% of the Gaoxin-Gaogang area's land yet hosts the highest number of industrial enterprises above a designated scale in the district. In 2025, the zone achieved 29.6 billion yuan in total industrial output value and 4.63 billion yuan in fixed asset investment. In the first half of this year, value-added output from industries above a designated scale grew 8% year-on-year, with industrial invoicing and total output rising 22.1% and 14.8%, respectively.

The zone currently counts one enterprise with over 10 billion yuan in invoiced sales, five with over 1 billion yuan, and 41 with over 100 million yuan. In tax contributions, it has one enterprise at the 200-million-yuan level, six at the 100-million-yuan level, and 28 at the 10-million-yuan level. Over the past three years, the zone has newly signed 149 projects each worth over 100 million yuan, including 51 projects exceeding 500 million yuan and three surpassing 1 billion yuan. During the same period, 73 projects worth over 100 million yuan have broken ground, with 23 above 500 million yuan, while 64 projects have been completed, including 28 at or above the 500-million-yuan threshold.

Leveraging the potential of leading enterprises to attract further investment, Taizhou Port Economic Development Zone has deepened strategic cooperation with Great Wall Motor Company Limited's (601633) headquarters, facilitating the establishment of a global spare parts center in the zone. It has also successfully secured PHEV plug-in hybrid production qualifications for the Taizhou vehicle base and is pursuing the local production of the all-new EC15 model. In collaboration with Great Wall Motor Company Limited (601633) Smart Technology, the zone has conducted joint industry chain investment promotion, landing 15 automotive supporting projects in the past three years. These efforts have earned it recognition as a national torch base for new energy vehicle and parts specialty industries, as well as a Jiangsu provincial specialty industrial cluster for new energy vehicle transmission system components.

Building on Taizhou's strengths in the broader health industry, the zone has set its sights on creating a distinctive health industry segment. It has attracted 16 high-quality enterprises in food and beverage and high-end medical devices, including China Resources Snow Breweries, Uni-President, Susa, Tongzhixing, and Baining Yingchuang, along with three sales-oriented companies. In 2025, the zone's health industry generated 3.83 billion yuan in output value, up 5.3% year-on-year.

Aiming to build a "50-billion-yuan industrial park" by 2030, Taizhou Port Economic Development Zone is going all out to boost the economy, optimize industries, and advance projects, striving to become a model industrial development zone with greater industry distinctiveness, core competitiveness, and development influence. Moving forward with innovation and gathering momentum, the zone is racing ahead with vigor and determination toward building a modern industrial city.

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