On May 12, the "special high-performance TPU research and development and production headquarters base project" with a planned investment of 600 million yuan was successfully signed and landed in the Torch Development Zone.
The "special high-performance TPU (thermoplastic polyurethane elastomer) research and development and production headquarters base project" signed by Torch Industry Group and Dongguan Yingjie Engineering Plastics Co., Ltd. plans to invest 600 million yuan and plan to use 30 acres of land to build special high-performance TPU. The R&D and production headquarters base project is expected to add an annual output value of more than 600 million yuan and an annual tax revenue of more than 33 million yuan.