On December 26, 2018, Danfeng Group's “Fully Electronic Yarn Pool Kiln Drawing Project with Annual Output of 30,000 Tons” (Danfeng 2 # Chi Kiln Project) was successfully put into operation. The project covers an area of 100 acres and has a designed annual production capacity of 30,000 tons The total investment is 300 million yuan. The project started construction in Danfeng Science and Technology Park in 2015. From 2016 to the first half of 2017, due to the financial crisis and market conditions, the project construction progress has slowed down. In the second half of 2017, as the market conditions improved, the company accelerated the project construction process and officially ignited on November 8, 2018. It has now officially started production and the systems are operating normally.
After Danfeng No. 2 Chi Kiln reaches full capacity, the company's annual output value will be more than 600 million yuan, the new output value will be more than 200 million yuan, the new tax will be more than 10 million yuan, and 100 new jobs will be created, which will produce significant economic benefits and society. The benefits will lay a solid foundation for Danfeng Group's industrial chain extension and further enlarge and strengthen the fiberglass industry, which will have far-reaching historical significance for revitalizing Tongcheng's economy and promoting the development of the industry.