The Guangdong Wengyuan Innovative API Technology Industrial Park is a key industrial park developed by Wengyuan County. In February 2023, it was designated as the “Guangdong Provincial API Regulatory Innovation Base” by the Guangdong Provincial Drug Administration. The park’s key features and advantages include:
Industrial Focus: The park prioritizes the development of high-value specialty APIs and patented APIs, while encouraging the development of innovative chemical drugs and improved innovative chemical drugs.
Park Scale: The planned land area is 5,000 mu (Category M3 land), a scarce Category III industrial land designation in the province.
Infrastructure: The park’s infrastructure is increasingly comprehensive, featuring a completed wastewater treatment plant (daily capacity of 9,800 m³/d), thermal energy infrastructure (steam supply exceeding 90 t/h), a main thoroughfare (3 km), and a public service platform currently under development.
Tenant Companies: As of February 2024, the park has successfully attracted four biopharmaceutical projects, including Yipinhong, Xinghe, Weichun, and Tongjun. Among these, the first phase of Yipinhong’s Guangdong Ruishi Innovative API project is expected to generate over 3 billion yuan in sales revenue and create more than 300 jobs upon commencement of operations.
Development Goals: Wengyuan County regards the innovative API industry as a key development priority and is committed to building this park into a specialized industrial zone with an output value exceeding 50 billion yuan, as well as a pilot zone for comprehensive pharmaceutical regulatory reform in Guangdong Province and a hub for the province’s innovative API industry.