On the morning of March 26, 2023, the commencement ceremony of the second batch of key projects in Shucheng County, Lu'an City, Anhui Province in 2023 was held in Anhui Tianhai Electronics Industrial Park. Zhang Xiuping, Secretary of the Shucheng County Party Committee, Wang Wanxi, County Magistrate and other leaders, Dong Ligang, Chairman of THB Group, Liu Fengzhou, Vice President, Zhao Yandong, General Manager of International Business System, and Zhang Heng, Manager of Investment Planning Department, attended the groundbreaking ceremony. The ceremony was presided over by Hu Jun, deputy county magistrate of Shucheng County.

The site of the groundbreaking ceremony

Wang Wanxi, magistrate of Shucheng County, introduced that in recent years, Shucheng County has closely focused on the development idea of "Hefei on the chain, docking with Greater Shanghai, and integrating into the Yangtze River Delta", and actively seized the major opportunities of Yangtze River Delta integration, Shanghai-Lu'an counterpart cooperation, and Heliu City, and adhered to the concept of "investment as the key, project as the king", and the economic and social development has reached a new level. In 2022, the county's GDP will reach 37.57 billion yuan, ranking first in the city. There are 15 projects with a total investment of 8.638 billion yuan, which will further strengthen the economic power support of Shucheng County. Wang Wanxi said that the Shucheng County Party Committee and the county government will, as always, have the courage to take responsibility and strive to create a sound legal environment, an open policy environment, an honest humanistic environment, a high-quality service environment and a stable social environment for the enterprise, so as to help the healthy development of the enterprise.　　

Dong Ligang, chairman of THB Group, delivered a speech at the ceremony. He expressed his heartfelt thanks to the Shucheng County Party Committee and the county government for their strong support for the Anhui Tianhai Electronics Industrial Park project, from the project negotiation to the start of construction, the concept of "one-stop service" and "starting construction on the ground" fully demonstrated the responsibility of Shucheng as one of the "top 100 counties in the national business environment". Chairman Dong Ligang introduced that Shucheng County has vigorously developed the intelligent electric vehicle industry around the "new industrial landmark" of Hefei, the "new energy vehicle capital of China", which has provided a good industrial ecology for THB Group. The layout of the flagship factory of high-end new energy wiring harness benchmarking in East China in Shucheng will effectively consolidate THB Group's leading edge in the new energy vehicle market and further provide high-quality products and services for customers in the East China market.　　

The scene of the ceremony

Chairman Dong Ligang said that the Anhui Tianhai Electronics Industrial Park project will be built with high standards, and will be a model and demonstration in digital empowerment to lead the transformation and upgrading of the manufacturing industry, and contribute new strength to the economic and social development of Shucheng County.

The leaders present observed the project

With a total investment of 3.2 billion yuan, the Anhui Tianhai Electronics Industrial Park project is built in accordance with Industry 4.0 standards, aiming to build a benchmark flagship factory of high-end new energy wiring harness in East China of THB Group. The project started at the end of March, completed the main construction in October, renovated and renovated in November, and is expected to be put into operation at the end of December. After all are completed, the annual output value can reach 3 billion yuan, 450 million yuan of profits and taxes will be paid, 4,000 new jobs will be created, and new energy vehicle brands such as NIO will be supported in close proximity, adding momentum and vitality to the development of enterprises and the construction of Shucheng County's intelligent electric vehicle industry supporting base.

Aerial view of the project (design draft)

Based on the new stage, THB Group will continue to focus on the field of automotive electronics, take on the role and work hard, make every effort to build a world-class supplier of automotive electronic and electrical systems, and contribute THB's strength and wisdom to the development of China's automotive industry.