South China New Materials Innovation Park

The South China New Materials Innovation Park, also known as Hua Xin Yuan, was founded in 2013 on a site of ​​160 mu and a total construction area of ​​220,000 m2.

With a total investment of 1 billion yuan, it has been successfully identified as a National-level Technology Business Incubator, a National-level Creation Space, a National Small and Micro Enterprise Entrepreneurship and Innovation Demonstration Base, a China Innovation and Exchange Center Results Transformation Base, and a China's Top 50 Incubators. It also functions as a Guangdong Entrepreneurship Incubation base, and Pilot Unit for the Construction of the Guangdong Incubation System. The park holds the honorary title of strategic emerging industrial base.

With over 500 resident companies, the park’s occupancy rate is 100%. It has formed a high-tech industrial cluster with four major industries: new materials, biomedicine, electronic information and high-end equipment manufacturing. The annual amount of patent applications and authorizations rank first among the regional professional national incubators.