The Guilin Electrician Electronics New Materials Industrial Base, with a total investment of 1 billion yuan, has officially started construction at the Yingcai Science and Technology Park of the Guixin High-tech Seven-Star Area. The groundbreaking ceremony was held for two subprojects of environmental protection cables, polyurethane raw rubber and compound rubber. After the completion of the three phases of the construction project of Guilin Electrical and Electronic New Material Industrial Base in five years, the annual output value will reach 2.6 billion yuan. The environmental protection cable project is planned to invest 55 million yuan, and will be put into production in the second half of this year. The annual sales revenue will be increased by 150 million yuan; the total investment in the expansion of the polyurethane raw rubber and rubber compound will be 60 million yuan. It is planned to complete the commissioning in August.

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