On February 18, the "2021 Baoshan District Investment Promotion Conference and launching ceremony of major projects" held by Baoshan District of Shanghai was solemnly held in Wusong innovation city. The conference released 10 new policies for benefiting enterprises to comprehensively strengthen enterprise service and investment promotion system construction. Meanwhile, it announced that 30 major projects with a total investment of 20 billion yuan will be put into operation. With its outstanding contribution to the regional economy in the past year, Shanghai Shenhe Thermo-Magnetics Electronics Co.,Ltd. was awarded the "Baoshan 2020 investment contribution award" at this conference.