On February 7, five major projects with a total investment of CNY 2.057 billion were launched in Zhouning County, Fujian province. These projects included stainless steel deep processing, smart casting, park construction, and tech agriculture.

Among them, projects related to the stainless steel industry included the Fujian Fufeng Stainless Steel Deep Processing Project and the Fujian Fengbao Stainless Steel Deep Processing Project, with a total investment of nearly CNY 60 million, covering an area of 21,000 square meters.

The projects are expected to produce 10,000 tons of stainless steel pipes per year, generating CNY 300 million in sales and creating more than 100 jobs.