Zhouwangmiao Town launched 21 key projects totaling $220 million (¥1.42B) in Q1 2025, with DEPU CNC's high-end 5-axis machining center production facility as the flagship initiative. The project represents a $24.8 million (¥160M) investment to establish an advanced manufacturing hub in Zhejiang Province.
1. DEPU's Smart Manufacturing Base
* Climate-controlled labs (±0.1°C)
* Precision testing zones (equipped with ZEISS CMM)
* Automated production lines (gantry mills & high-precision grinders)
2. Strategic Impact
By expanding local 5-axis CNC production capacity, the facility will simultaneously boost Zhouwangmiao’s manufacturing competitiveness and advance China’s “new quality productivity” goals in strategic sectors like aerospace structural components and electric vehicle drivetrain parts.
Ceremony Keynotes
Xu Min, Party Secretary of Zhouwangmiao:
"These projects accelerate our vision to become a $1.4B (¥10B) industrial hub, focusing on smart manufacturing and new materials."
Xu Xingwen, Chairman of DEPU CNC (Haining):
"This facility will amplify our R&D in multi-axis CNC technology through partnerships with local universities, while expanding global market reach."
The 21 projects represent a diversified investment portfolio spanning smart manufacturing (accounting for 85% of total capital allocation), infrastructure development including new logistics corridors, and eco-agriculture initiatives featuring sustainable farming technologies - collectively driving Zhouwangmiao's transformation into a next-generation industrial hub.
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