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    Our company’s new factory construction has fully commenced.

    Last week, construction of our company’s new plant fully commenced! The new plant is located in the Shunping County Development Zone, 6 kilometers from Baoding City. It covers an area of 400 mu and has a total investment of 1.5 billion yuan. The project will be developed in two phases: Phase I covers 250 mu with an investment of 1 billion yuan. It is scheduled to be completed by the end of 2018 and the relocation will be finished in 2019. Phase II covers 150 mu with an investment of 500 million yuan and is planned to be completed by 2020. The new Design Institute and Product Trial Production Center are situated near the West Third Ring Road in Baoding City, covering an area of 20 mu. The building has been completed and is currently undergoing interior decoration; it is scheduled to be put into operation within this year. As a key enterprise included in the provincial and municipal “relocation and transformation, exiting old sites for entry into parks” initiatives and designated as a “key construction project” in Hebei Province, we also shoulder the important responsibility of driving the “transformation and upgrading” of equipment manufacturing and building a demonstration enterprise for intelligent manufacturing in China’s casting machinery industry. Our goal is to build, at a high standard and from a high starting point, a leading Chinese and world-class smart equipment manufacturing enterprise that is “green, energy-efficient, and intelligent,” thereby making our due contribution to realizing the grand vision of “Made in China 2025”! Rendering of the New Design Institute Rendering of the First Phase of the New Plant March 26, 2018 Reporter: Li Juan

    2018

    03-26

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