Recently, the investment attraction and settlement agreement was officially inked for Shangrao Yubo Optical Instrument Co., Ltd. (hereinafter referred to as 'Yubo Optics') to embark on a project that will see the annual production of 6 million sets of optical lenses. The District Science and Technology Bureau (the third industrial investment attraction team), Xinzhou Industrial Park, and Yubo Optics' General Manager Deng jointly put pen to paper on this significant deal. The project is slated to take root in the Optoelectronics Industrial Park within Shangrao Xinzhou Industrial Park.

The project envisions renting an 800-square-meter standard factory building in the Optoelectronics Industrial Park. With a total investment of 20 million yuan, it anticipates an annual output value of 12 million yuan once production commences. From an input-output ratio standpoint, the 20 million yuan investment yielding an annual output value of 12 million yuan positions the project as a light-asset, fast-turnover small-to-medium-sized optical lens production setup. This aligns perfectly with the ecosystem of small-to-medium-sized optical enterprises that have flocked to Xinzhou Optoelectronics Industrial Park in recent years.

At present, Xinzhou District has successfully cultivated an optical and electronic industrial cluster, spearheaded by Yutong Optics. Over 70 optical and electronic enterprises have already settled in the area, including 32 above-scale enterprises and 18 high-tech enterprises. The supporting chains for optical lenses and related components continue to be fortified and expanded. The signing of the Yubo Optics project introduces a fresh market player to this cluster, specifically in the realm of small-to-medium-caliber optical lens production capacity.