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High tech zone sees robust development in electronic components industry

en.nantong.gov.cn | Updated: November 4, 2022 L M S

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A man works at a factory for electronic components in the Nantong National High Tech Industrial Development Zone. [Photo/Nantong Daily]

The Nantong National High Tech Industrial Development Zone in East China's Jiangsu province has made strides in the electronic component industry in recent years.

In October, the zone's industrial cluster for electronic components was listed as part of the first group of provincial innovative industrial clusters, making it the only holder of such a title in Nantong.

In recent years, the zone has been focusing on bringing in investment and expanding industrial clusters.

Jianghai Energy Storage Co Ltd is based in the zone. From the first quarter to the third quarter of this year, its turnover was 200 million yuan ($27.52 million).

The supercapacitors produced by the company are at the international cutting edge in terms of technical performance, product categories and applications, said Dr. Yang Dong'en, vice president of the enterprise.

In addition, an electronic components industrial park was established in the zone in 2020. So far, 12 major projects have signed investment agreements with the zone, with a total investment of 20 billion yuan.

The zone is also committed to attracting leading talent and entrepreneurial teams in the electronic component industrial chain. By 2021, the park had introduced 48 talents in this respect.

The zone is expected to realize an annual output value of over 50 billion yuan in this industry by 2025, based on official statistics.