Zhongshan Haijing Electronics Co's 5G and IoT electronic components and chips production base recently broke ground in Yong'er Village, Tanzhou Town.

Covering a land area of 10,000 square meters with a building area of 39,000 square meters, the project features an investment of 150 million yuan.

The base mainly manufactures quartz chips, frequency pieces and other core components for 5G and IoT sectors. Its expected annual output exceeds 230 million yuan, with an estimated 9.4 million yuan annual tax contribution.