Taojiang County People's Government and Astrum Holdings Co., Ltd. signed an agreement of intent for cooperation on the Astrum Intelligent Digital Industrial Park project.

Yiyang, September 27 (Taojiang Rong Media Center reporter Hu Weihong, correspondent Zhou Wushuang) On the morning of September 27, Taojiang County People’s Government and Astrum Holdings Co., Ltd. signed an agreement on Astrum Smart Digital Industry in Taojiang Economic Development Zone. Cooperation Agreement of Intent for the Park Project. Taojiang County leader Zeng Guodong and Mr. Kumar from Astrum Holdings Co., Ltd. signed the contract on behalf of both parties.

Astrum Intelligent Digital Industrial Park is located in Taojiang Economic Development Zone, covering an area of approximately 66 acres with a total investment of 300 million yuan. The project is carried out in two phases. The first phase covers an area of about 48.55 mu. It is planned to start construction within 3 months, and all will be completed and put into operation within two years.

According to the intentional cooperation agreement, Astrum Holdings Co., Ltd. will register two foreign companies in Taojiang as the headquarters of Astrum China.

Zeng Guodong, on behalf of the Taojiang County Party Committee and the county government, warmly welcomed the Astrum Smart Digital Industrial Park project to settle in Taojiang. He also stated that the county government will set up a special project service team to coordinate relevant departments to assist in the whole process of project initiation, environmental protection, registration, land, fire protection, water and electricity, gas, communications, and other related procedures to ensure the smooth progress of the project and actively promote the Assist in the declaration of various policy rewards in compliance with relevant provincial, municipal, and county documents; provide a good investment environment and services, and implement various preferential policies stipulated in the contract and related documents.

Astrum Holdings Co., Ltd. was founded in 2008 by Mr. Kumar of Indian origin from Hong Kong, China, headquartered in Hong Kong, and set up branches in Shenzhen, the United States, South Africa, and India. The company mainly produces audio, power, connection, smart wear, computer peripherals, automotive, and other high-end electronic products. It has registered the ASTRUM brand in 48 countries around the world, adopts the OEM method, and has more than 60 supporting manufacturers. In 2020, the company's annual output value is 250 million Hong Kong dollars, and all products are exported to developed countries such as Europe, America, Japan, South Korea and so on.