The Intelligent Cloud Valley, an industrial park renovation project in Fusha Town, started construction on June 18.

Funded by two Shenzhen-based companies, Hongshanchuan Industry and Yihuaxing Group, and Fusha Village, it is the first village-enterprise cooperation renovation project in Fusha Town.

With a land area of 32 mu, the project will include 5 high-standard plant buildings and introduce an intelligent cloud platform. It is specialized in the production of new energy cables and radiators, and its annual output value is expected to rise to 240 million yuan.

A signing ceremony of the move-in agreements was held, with six enterprises, including Shenzhen Mingrui Group, Zhongshan Haozhe, Shenzhen Jiapengshun, and Shenzhen Zhengerya, signing the agreements.

Hongshanchuan Industry and Yihuaxing Group are both high-tech enterprises and have been committed to the development and production of new energy and new materials products for years, with their products widely used in smartphones and smart home products.