[1 billion yuan high-end CNC machine tool project landed in Qingdao]Qingdao High tech Zone has signed investment agreements with Jiangsu Zetian Electromechanical Co., Ltd. and Yunke Hongtai Investment Co., Ltd., officially introducing the project of high-precision five axis machining center production base. The project has a total investment of 1 billion yuan and will focus on the research and manufacturing of high-end CNC machine tools such as vertical and horizontal five axis machining centers. It is planned to be completed and put into operation by the end of 2028, with an expected annual output of 1000 sets of equipment, which is expected to enhance the level of regional high-end equipment manufacturing industry.Editor/Gao Xue
On January 16, 2026, the environmental impact assessment documents for Wanhua Chemical's two major lithium iron phosphate projects in Yantai were accepted and publicly announced. The Laizhou project has a planned annual production capacity of 650000 tons, while the Haiyang Green Power Industrial Park project has a planned annual production capacity of 200000 tons. Both projects are invested and constructed by Wanhua Chemical's battery industry company, and after completion, they will further strengthen their battery material business layout. On the same day, Wanhua Chemical Group (Laizhou) New Energy Materials Technology Co., Ltd. was established in Laizhou with a registered capital of 740 million yuan, focusing on the research and development, manufacturing, and other businesses of electronic materials.Editor/Gao Xue
In January 2026, China Construction Eighth Engineering Division Co., Ltd. and its subsidiaries recently won five consecutive large-scale projects in multiple provinces and cities across the country, with a cumulative amount of approximately 5.8 billion yuan. The project covers areas such as Qingdao residential development, Inner Mongolia energy base, Jinan urban renewal, infrastructure, and Yantai energy storage power station, with individual amounts exceeding 800 million yuan, demonstrating the strong strength of the enterprise in multiple sectors such as housing construction, industry, and new energy. This series of winning bids will inject new momentum into its business expansion.Editor/Gao Xue