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13 SEPTEMBER 2023 AL CIRCLE

China’s Hailing District to invest over RMB 13.68 billion for the Kangqian GIS aluminum alloy parts intelligent production line

EDITED BY : MAYURAKSHI GANGULY 2MINS READ

A programme was held on September 8 in Hailing District to begin construction on 16 major industrial project spaces with a planned total investment of RMB 13.68 billion. The Kangqian GIS aluminium alloy intelligent production line project, located in the new energy industrial park, is among the participants with a planned investment of RMB 1 billion.

China’s Hailing District to invest over RMB 13.68 billion for the Kangqian GIS aluminum alloy parts intelligent production line

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The project aims to increase intelligent transformation investment by creating an intelligent benchmarking workshop and building a digital, green production system, resulting in improved product stability and production efficiency. The project is expected to produce 150,000 aluminium alloy parts annually.

Hailing District has been focused on high-quality development tasks this year, creating a large project, a large industry, and a large development atmosphere, leading to an economic rebound. The concentrated projects involved new energy, new materials, intelligent manufacturing, auto parts, modern logistics, and other fields. The investment in new energy industry projects is more than RMB 6 billion; accounting for nearly half of the total investment of the construction project, and the new energy industry of Hailing is rising in an all-round way.

The Kangqian GIS aluminium alloy parts intelligent production line project is closely linked to the 1+2+3 modern industrial system of Hailing, showing the characteristics of large volume, excellent structure, and high quality.

Sustainability

The second-phase potential of stock enterprises continues to expand, with Taizhou Kangqian Machinery Manufacturing Co., LTD., a national specialized new little giant, high-tech, private science and technology enterprise in Jiangsu Province, accelerating the pace of intelligent transformation and investing RMB 1 billion in the second phase of the new project.


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EDITED BY : MAYURAKSHI GANGULY 2MINS READ

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