On the afternoon of February 25, 2022, major projects in Shandong Province will be held in a centralized manner, and a branch venue will be set up in Yantai.

In this start-up activity, Yantai has a total of 73 projects started, including 32 provincial-level key projects and 15 municipal-level projects, covering "top ten" industries, "seven networks" infrastructure, social and people's livelihood and other fields. In 2022, Yantai City has identified a total of 382 municipal-level key projects with a total investment of 1.4 trillion yuan and an annual planned investment of 180.1 billion yuan, a record high in investment scale.

The Yantai branch of the groundbreaking activity is located at the site of the high-end fine chemicals integration project in Wanhua Yantai Industrial Park. The project includes 8 industrial chain extension projects with independent intellectual property rights, and some technologies have broken through the "stuck neck" technology and achieved the first localization. After the project is completed and put into production, it is estimated that the sales revenue will be 28 billion yuan, and the profit and tax will be 7.7 billion yuan.Editor/Ma Xue