Nantou Town's first industrial park renovation project for the Chinese New Year broke ground on March 1.

The project, with an investment of 120 million from Meiling Interconnection Technology Co, aims to build an Internet-based technology innovation park focusing on intelligent manufacturing, new energy, and energy conservation and environmental protection.

Upon completion, the park will serve as the headquarters and manufacturing base of Meiling Interconnection Technology Co, with an estimated annual output value of 200 million yuan and annual tax revenue of 5.436 million yuan.