On March 5, 2024, the reporter learned from the Municipal Development and Reform Commission that the Provincial Development and Reform Commission has recently issued the 2024 fixed assets investment plan within the Hubei Province budget, and the four projects declared by our city have been approved with a special fund of 20 million yuan for industrial fixed assets investment within the provincial budget. Our city's approved amount accounts for nearly 20% of the total special funds, and the number of approved projects and fund scale rank first in the province.

It is understood that these four projects are: Hubei Teteng New Material Technology Co., Ltd.'s annual production of 2100 tons of high-tech environmental protection functional materials project, Hubei Xinjinpeng New Material Co., Ltd.'s annual production of 100000 tons of silicon materials project, Hubei Jinhengchang Textile Co., Ltd.'s 100000 spindle high-end spinning and 110 million meter intelligent weaving project, and Hubei Yonglitai Axle Manufacturing Co., Ltd.'s trailer axle and suspension automation production line and high-end maintenance free wheel end manufacturing construction project, each project receiving a support fund of 5 million yuan.

Source: Xiangyang Evening News