Ground was broken on Oct 19 for Ninestar Laser Printer Hi-Tech Equipment & Intelligent Manufacturing Industrial Park, the first-of-its-kind in China, in the Gaolan Port Economic Zone.
Ninestar Corp will introduce advanced intelligent manufacturing, logistics, and industrial concepts to the 9-billion-yuan ($1.3-billion) park. It will be equipped with domestically leading printing-supportive facilities. The concepts reportedly will integrate scientific research, production, office and residential functions.
According to Wang Dongying chairman, Ninestar will gradually transfer industrial capacity to the industrial park, complementing the integration of technology, capital, and talents. It will edge into the global top three in the printing industry through independent innovation, and absorption and re-innovation of domestic and advanced international technologies.
Groundbreaking [Photo by Kang Zhenhua / Zhuhai Daily]
Once operational, the industrial park is projected to achieve an output value of more than 20 billion yuan ($2.9 billion), further expanding Ninesta's market share and consolidating its strategic status in the global printing and imaging industries.
Ninestar is a high-end precise equipment researcher, manufacturer, and seller with competitiveness in technological innovation and core patents.
Following 18 years of development, it has grown into a global leader in general consumables and integrated circuits, as well as laser printers with complete production lines and industrial chains. Its products are sold to over 100 countries and regions, generating annual turnover of over 30 billion yuan ($4.3 billion).
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