The third-quarter major project groundbreaking and signing ceremony of Shayang County was held at the site of the FarmX Phase III project

In the third quarter of 2024, Shayang County has launched 31 projects with a total investment of 1.163 billion yuan, covering various fields such as industry, infrastructure, and social development. Among these, the main venue’s Famax Phase III project has a total investment of 520 million yuan and will construct five new microbial fertilizer production lines, expected to be completed and put into operation in the second half of next year. The project adopts “5G + Industrial Internet” technology to accelerate industrial transformation and upgrading, aiming to build an intelligent, green, and low-carbon modern factory. Once fully operational, it is expected to achieve an annual output value of 1.5 billion yuan, generate more than 50 million yuan in tax revenue, and create employment opportunities for over 500 people.

Mr. Wu Junda, General Manager of FarmX, expressed the company’s commitment to innovation and sustainable development, highlighting the importance of the new microbial fertilizer production lines in contributing to the local economy and environmental protection efforts.