On July 23, 2025 Luoyuan County, 福建工泰新材料有限公司（Fujian Guanco New Materials Co., Ltd) proudly commenced construction of a new project in the Tsingshan Stainless Steel Deep Processing Industrial Park. This marks the first project to break ground in the park. Spanning approximately 36433 square meters, the project represents a total investment of about 320 million yuan, with an annual planned investment of 130 million yuan. It includes the construction of standardized factory buildings, an office building, and related supporting facilities, along with 17 stainless steel seamless pipe production lines. Upon completion, the project is expected to produce 40,000 tons of stainless steel seamless pipes annually. It will significantly contribute to building a high-standard stainless steel deep processing industrial cluster, injecting strong momentum into the green metallurgy industry by strengthening, supplementing, and extending the industrial chain.