Hunan Tengchi Environmental Protection Technology Co., Ltd., located in Bolin Industrial Park of Yongxing Economic Development Zone, Chenzhou City, was officially put into operation on May 29. 

 

 

Tengchi is a sci-tech enterprise specializing in the recycling of nonferrous metal resources. The company invested 2.326 billion yuan to build the comprehensive recovery project of nonferrous metal waste and rare and precious metals.

 

This project is a key industrial project in Yongxing. Once completed, it can handle 235,000 tons of various nonferrous metal wastes every year, with an annual output value of about 10 billion yuan, profits and taxes of 300 million yuan, creating 1,000 job opportunities. 

 

 

In recent years, the county has made great efforts to build a “Five Good” industrial park, and promote the capacity expansion and quality improvement in five aspects. 

 

The operation of Tengchi’s Phase I project is not only a major step for Tengchi to invest and start its business in Yongxing County, but also lays a solid foundation for Yongxing to develop its industries and accelerate the high-quality development of the county economy.