A signing ceremony was held on the morning of January 20 for the agreements of four companies to base their headquarters in Guangzhou's Huangpu District. The four companies include the Platinum New Materials Corporation, the Qiaofeng and Guangyuan Group, the Blue Moon China Region, and the Sinotrans Steel Trading Center.
These projects are expected to generate approximately RMB 50 billion in annual sales and RMB 8.5 billion in annual taxes in coming years.
(Translated by Guangzhou Association of Foreign Affairs Translators)
