Fourteen industrial projects broke ground in Jinshan District on March 28, with a total investment of 1.44 billion yuan (US$198.62 million), covering sectors such as new materials, life sciences, and intelligent equipment.

Shanghai Winscene Technology Co Ltd's advanced semiconductor and new display photothermal curing system materials project is particularly noteworthy. The project plans a total investment of 230 million yuan, covering an area of 20 mu, and is expected to generate an annual output value of 370 million yuan upon completion.

It will serve as both a research center and a production base, with the capability to produce 8,000 tons of photoresist and advanced semiconductor packaging materials annually. Equipped with a high-level research center and advanced testing equipment, it will accelerate the development of the semiconductor and new display industries in Jinshan District.

Among the newly initiated projects, there are four in the new materials category, with a total investment of 500 million yuan. One representative project is Parex Davco (Shanghai) Building Materials Co Ltd's new building materials project with an annual production of 500,000 tons. The project plans to invest 190 million yuan and is expected to reach an annual output value of 700 million yuan upon completion. This project will help Parex Davco build a large production enterprise in East China, serving as a comprehensive production and operation base.

The groundbreaking projects also include four in the life sciences sector, with a total investment of 370 million yuan. Among them, Shanghai Nanting Medical Health Technology Co Ltd is investing in the Nanting Medical Health Technology Park (Phase I), with a planned total investment of 220 million yuan and an expected annual output value of 360 million yuan upon completion. This project will attract more high-quality resources aligned with industry positioning, becoming a booster for the development of the biomedical industry in Jinshan.

Additionally, five projects in the intelligent equipment sector have commenced, with a total investment of 340 million yuan.