Huaxing Glass Project is settled in Xinxing

Guangdong Huaxing Glass Co., Ltd signed a contract with the people's government of Xinxing country yesterday. It settled in Foshan Shunde industrial park. The total investment of the project is about 2.3 billion yuan. After its production starting, it is expected to reach an annual output value of 3.5 billion yuan. It can create the year tax 350 million yuan and provide 3500 jobs. The project plans to be constructed in November 2011 and the first production period will be finished and put into production in October, 2012.