On the morning of October 6, the third CIIE "Global Industrial Chain High-Quality Cooperation Summit Forum and Convergence Development Dialogue between Shandong Province and Fortune 500 Enterprises" was held. A project signing ceremony was held at the event site. China HQ Group and Austria Industrial Furnace Co., Ltd. signed a sapphire crystal growth production base project.
The main content of the project is to build a large-size sapphire single crystal rod production line. The total investment is estimated to be 35 million U.S. dollars, and the contractual foreign investment is estimated to be 35 million U.S. dollars. The form of cooperation is joint venture.