Tsingtuo Group officially signed an agreement on July 29 for a stainless steel deep processing project with an annual capacity of 700,000 tons. This signing is an important milestone in promoting the expansion of the stainless steel industry into the western region.

The project, with an estimated total investment of CNY 2 billion and covering approximately 400 mu, is expected to achieve an annual output value of around CNY 10 billion upon reaching full capacity.

Fuling authorities pledged comprehensive support and an optimized business environment to facilitate rapid project construction and operation. Tsingtuo Group expressed confidence in Fuling's industrial foundation and market potential, committing to accelerating the project and attracting more related businesses to cultivate a strong stainless steel industry ecosystem in the region.