New manufacturing project brings momentum to Nanming

On April 11, workers at a MICROVIEW Electronics (Guizhou) Co construction site were busy decorating the new factory.

The factory is located in Nanming district of Guiyang, Southwest China's Guizhou province. MICROVIEW Electronics (Guizhou) Co was jointly founded by MICROVIEW Electronics (Shenzhen) Co and Guiyang Nanming Industrial Investment Co, with a total investment of 1 billion yuan ($145.6 million).

The company plans to build 21 automatic production lines and support them with a smart production data management and collection system. The project is expected to achieve more than 5 billion yuan in output within five years of being put into use.

It is estimated that after the 21 production lines are put into operation, the company will achieve annual sales revenue of 6.3 billion yuan and provide about 800 jobs for locals.

"These are the electronic paper products that we have produced, which can be used as smart blackboards at schools, e-books and price tags at supermarkets," said Jiang Zhongxi, vice general manager of the MICROVIEW Electronics (Guizhou) Co. The electronic paper product does not harm the eyes and consumes less energy than alternatives.

"We discussed cooperation possibilities with several other provinces, but we chose Guiyang," said Jiang. Last year the business promotion team of Nanming district launched investment promotion activities in Shenzhen, and the firm was attracted by the government's resolve as well as the province's convenient transportation, healthy business environment, and standardized factories.