On the morning of May 13, the Phase I of the industrial park of Zhongshan XG Intelligent System Co Ltd, located in Zhongshan Industrial Platform (Tanzhou Park), completed the sealing of the roof. It is expected to be put into production before October 1 this year.

The construction of the main structure of the eight-story, 50-meter-high plant, with a floor area of over 30,000 square meters, was completed in only 9 months.

"The Phase I plant is built to automate the production of intelligent manufacturing solutions, of which R&D, manufacturing, installation and debugging will be all completed in this factory. The new plant will help the company achieve a year-on-year growth of over 60% in revenue and a total revenue of 500 million yuan this year after being put into production", said Fu Mingtao, president of XG Intelligent.

The XG Intelligent Industrial Park covers an area of about 3.33 hectares, with a total floor area of 100,000 square meters. After the expected completion of Phase II in 2024, the company will relocate as a whole and aims to achieve a target revenue of 1 billion yuan that year.

XG Intelligent is an integrated service provider specializing in R&D, design, manufacturing and the sales of intelligent manufacturing solutions. In 2020, its operating income exceeded 300 million yuan, an increase of over 50% from 2019.