The groundbreaking ceremony for Iceco's technology park (phase 2) was held on March 19 at the Zhongshan Torch High-tech Zone Industrial Park.

Phase 1 of the park has been completed, and the newly-constructed 40,000-square-meter factory and office buildings have been put into use. 

Phase 2 will include another 30,000 square meters of new factory buildings, which are expected to start operation in 11 months. 

The combined annual output value of phase 1 and 2 will exceed 3 billion yuan.

After renovation, the park will align with the development of the new energy industry to integrate resources from the whole industrial chain, merge and reorganize upstream and downstream enterprises, and drive the development of enterprises in the electronic control and lean injection molding sectors.