The Donghui Precision Intelligent Equipment Industrial Park recently broke ground in Guiyang National High-tech Industrial Development Zone (Guiyang HIDZ), Guiyang, capital of Southwest China's Guizhou province.

The ground-breaking ceremony of the industrial park. [Photo/ddcpc website]

The industrial park covers an area of 30 mu (2 hectares) and has a total investment of 350 million yuan ($48.32 million). The first phase of construction will include modern production workshops, a research and development center, staff canteen, and dormitories, with a total building area of 24,350.24 square meters, of which the production area will be 20,773.76 square meters.

To meet the research and production requirements for high-precision precision components, the first phase will include two production lines and 48 sets of high-end manufacturing equipment.

Construction of the main factory building and supporting facilities is expected to be completed early next year, while production capacity is expected to reach 300 million yuan within three years of completion.

The industrial park is operated by Guizhou Donghui Precision Mechanical & Electrical Co, which specializes in the processing and production of precision components, including precision reducers, small module thin-walled flexible gears, and complex thin-walled shells.

Benefiting from the industrial system in Guiyang HIDZ, the company has been able to develop rapidly and continuously expand production capacity. In 2022, the company's output value exceeded 20 million yuan, making it an industrial enterprise above a designated size in Guiyang.