Shangshang Desheng's "Future Intelligent Factory" has started operation, with a total investment of approximately 1 billion yuan.

According to the Stainless Steel Branch of China Iron and Steel Industry Association, on the morning of February 25, the "Future Intelligent Factory" project of Shangshangdesheng Group, a key project of Zhejiang Province's "Thousand Billion" project, officially started production. The "Future Intelligent Factory" project of Shangshangdesheng covers an area of about 395 acres, with a total investment of about 1 billion yuan and a designed annual production capacity of 125,000 tons. It is understood that the project is divided into two phases of construction, and the first phase of the project is currently in production, with a workshop automation coverage rate of 70%. The overall project is expected to reach an annual output value of 2 billion yuan after reaching full production.