Chenzhou Hualu Digital Technology Co., Ltd is a large electronics and high-tech industrial park and export & production base invested by Cite Limited (Hong Kong) and China Hualu Group Co., Ltd in Chenzhou. It is the largest output and processing base of electric industry in south Hunan, with an expected investment of almost 3 billion HKD ($384,900,000). According to the plan, the company will cover an area of 1,200 acres, with first phase covering 300 acres area which is expected to have annual production value of over 3 billion RMB ($456,594,000) and to provide almost 5,000 jobs, generating 160 million RMB ($24,351,680) annual tax. The company will be the next state-level large-scale electronic industrial zone after LG Shuguang Digital Technology Co., Ltd in
Chenzhou Hualu Digital Technology Co., Ltd has now received paid-in capital 150 million RMB ($22,830,711.19) for its first phase. Steel-framed factories covering 350,000 square meters have also finished construction. The product line of cell phone and high clarity LCD panel collaborated with Daewoo International and Haisense-Kelon Electrical Holdings Co., Ltd. will be put into production this year.