On July 30th, a momentous occasion in Nantong NTEC monofilament Technology Co.,Ltd was marked with the groundbreaking ceremony for our high-performance monofilament project, boasting an exceptional annual output of 160,000 tons. Honored guests, including leaders from the Chongchuan District Party Committee, District Government, District People's Congress, and District CPPCC, as well as members of our esteemed management team, were present to bear witness to this exciting achievement at the NTEC project site in Chongchuan District.
At the beginning of the ceremony, the company's chairman Ma Haiyan delivered an opening speech. First, he expressed a warm welcome and heartfelt thanks to all leaders, guests and colleagues attending today's event, and briefly introduced the project with an annual output of 160,000 tons of polymer monofilament. Condition NTEC will continue to innovate in science and technology, introduce high-level talents at home and abroad, strive to become a national-level R&D institution, further expand the market, create a single champion enterprise, and make positive contributions to the high-quality development of Chongchuan.
After the groundbreaking ceremony officially started, all the leaders and guests attending the ceremony jointly laid shovels and laid the foundation stone. The management team took a group photo in front of the cornerstone. The foundation stone symbolizing a new starting point and a new journey is firmly planted under the hot soil of this film, full of good wishes and expectations for NTEC's future development.
The NTEC annual output of 160,000 tons of polymer monofilament project is an important development strategy and planning deployment implemented by the company in order to achieve the industry position of No. 1 in production capacity and leading technology in the process of rapid expansion of business scale. It is located in Chongchuan District, Nantong City. It has a superior location, with a total investment amount of approximately 1.2 billion yuan, covering an area of approximately 93 acres, and a total construction area of 124,000 square meters. The new project will create a modern smart factory and green factory.
The tree that hugs each other starts from the ground, and the tall building rises from the base of the earth. The grand groundbreaking ceremony of the new project marked a solid step for the company to become a world-class polymer monofilament company.