At 17:00 today, Hubei Sanhuan Forging Equipment Co., Ltd. and Huangshi Economic Development Zone Management Committee held a signing ceremony for the "Golden Mountain Industrial New Area Sanhuan Forging Industrial Park Project" in the conference room of the Development Zone Reception Center. Huangshi City Executive Deputy City Zhu Zhonghua attended the signing ceremony.

Sanhuan Forging Industrial Park Project is located in the Machinery Industrial Park of the New Industrial Zone, covering an area of about 300 acres. The project was jointly invested and built by Sanhuan Co., Ltd. and Belgium LVD Company, with a total investment of about 600 million yuan. After the project is completed, it will serve as a research and development base for large-scale, precision forging machine tools. It is estimated that the annual production capacity of the machine tools will reach 1,200, the output value will be 1.2 billion yuan, the profit and tax will be 120 million yuan, and the export will earn 25 million US dollars.