Daye Shenxing Powder Co., Ltd.

Daye Shenxing Powder Company is an integrated forestry and paper project approved by the Hubei Provincial Government. In 2008, it was attracted to Daye through investment promotion by Huangshi City, and on May 9, 2009, it officially signed an agreement with Dajipu Town People's Government, settling in Dajipu Town, occupying 100 acres of land. This project has an annual production capacity of 1 million tons of ultra-fine heavy calcium carbonate powder, with a total investment of 200 million yuan. After production, the annual output value will reach 300 million yuan, and the tax and profit will be 70 million yuan. The first phase of construction includes a 300,000-ton powder production line, with a total investment of 63.8 million yuan. It is expected to achieve an annual sales revenue of 100 million yuan and an annual tax and profit of 28.6 million yuan. The products are mainly used in the papermaking, plastic, coating, medicine, and food industries, with a broad market sales prospect.