On October 20th, the groundbreaking ceremony for the comprehensive intelligent manufacturing base project of SHYS New Material Technology Group was held in the Changshou Economic Development Zone, officially announcing the official settlement of the project.
SHYS originated in 1998 and is a high-tech enterprise integrating R&D, manufacturing and service of architectural coatings, thermal insulation decorative panels, and new fire-resistant and thermal insulation materials. The project covers a total area of about 522 acres and has a total investment of about 2 billion. It will be constructed in two phases. After it is completed and put into production, it will realize the full range of coatings, thermal insulation, finished boards, waterproof and solvent-based products. It can be realized after the first phase is completed. The annual output value is about 5 billion yuan.