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The ultra-long titanium alloy coiled tube manufacturing base of Guangdong Guoyin Titanium Energy Technology Co was topped out in Minzhong Sub-district in Zhongshan's Torch Development Zone on April 18. It is the first titanium alloy coiled tube industrial base in China.

With a total investment of 500 million yuan, this strategic project covers a land area of 41 mu (2.67 hectares). The construction includes three production plants, one R&D building, warehouses and other facilities. Upon reaching design capacity, the base will generate an annual output value of 830 million yuan and tax revenues of 110 million yuan.

Located in the geometric center of the Greater Bay Area and based on the "one-hour industrial circle" formed by Beijing-Zhuhai Expressway, Panyu-Zhong Highway and ShenZhong Link, the project aims to establish a complete industrial chain covering material development, equipment manufacturing and testing & certification. The first mandatory-standard laboratory in the industry will be built as well.