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Project worth 100m yuan launched in Lishui

chinadaily.com.cn| Updated : Jan 10, 2020 L M S

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The foundation laying ceremony for Zhejiang Runlucky Purification Technology Inc. (Runxin Sixth Phase) [Photo/lsnews.com.cn]

The foundation laying ceremony for Zhejiang Runlucky Purification Technology Inc. (Runxin Sixth Phase) was held at Lishui Economic and Technological Development Zone on Jan 6.

Runlucky, which specializes in the research and production of water treatment systems such as treatment control valves, household water softeners and purifiers, sells its products in more than 40 countries and regions.

With the newly launched project at Lishui Economic and Technological Development Zone, the company aims to produce annually 300,000 sets of household water softeners, 100,000 sets of household water purifiers and supporting automatic control valves for water treatment.

The project, with investment of 190 million yuan ($27.35 million), is expected to achieve an annual operating income of 370 million yuan and tax revenue of over 40 million yuan.