In the early part of this year, Mingyi Aluminum, a listed company based in Gongyi, leveraged technological innovation to gradually develop high-end "double zero foil" products. Among these, food foil, electronic foil, and pharmaceutical foil together accounted for 50% of the national output. In addition, the company invested 450 million yuan into the provincial key project "Henan Gongyi Weijia Automobile Professional Trading Center," which officially broke ground in the station town of Gongyi City. This project marks the first automobile city initiative in a county-level city within the province.
Gongyi City focused on the development direction of "high-end, terminal, and efficient" traditional industries during the first quarter of this year. The city emphasized industrial transformation and upgrading, completing an investment of 7.2 billion yuan in industrial projects. A total of 29 major industrial construction projects were launched, marking a successful start to the year’s industrial development.
At a press conference held in Zhengzhou, the Gongyi Municipal Government revealed that the city completed 7.2 billion yuan in industrial project investments during the first quarter, reaching 26.2% of the annual target of 27.5 billion yuan. The city government has identified 61 major industrial projects, with 29 already started and 2.24 billion yuan invested. Additionally, four provincial key industrial projects have been initiated, with 130% of the three projects in Zhengzhou completed.
Among the 61 major industrial construction projects, 50 are leading projects in the three core industries: aluminum deep processing, high-end refractory materials, and advanced equipment manufacturing. These projects are expected to significantly accelerate the city's industrial transformation and upgrading.
Wang Yantao, a member of the Gongyi Municipal Government's party group and assistant to the mayor, explained that due to factors like scattered industrial clusters, the city hasn't fully followed the "scheduled work" requirements set by the provincial party committee. However, enterprises that meet the conditions can proceed with construction, which has provided considerable support.
Industrial transformation is becoming the central theme in Gongyi. The city is driving progress through leading projects, aiming for high-end development. For example, Yulian Group, a top 500 enterprise, imported high-end technical equipment worth $140 million and successfully rolled out its first high-precision aluminum hot rolling product. Meanwhile, Mingtai Aluminum, another listed company, has been developing high-end "double zero foil" through technological innovation, with food, electronic, and pharmaceutical foils accounting for half of the national production. The company has also invested 500 million yuan with the China Automotive Research Institute to establish a car lightweight research and testing center, producing high-end aluminum sheets for automotive use.
Gongyi is also focusing on technology integration to extend its industrial chain through external collaboration and resource optimization. Baohong Industrial invested 530 million yuan in an LED lighting and industrialization project, covering R&D, production, design, and engineering. Approximately 70% of the components used are aluminum materials, and the company adopts a contract energy management model, recovering investment and realizing profits through energy-saving service contracts with customers.
As a traditional economic pillar, the aluminum industry in Gongyi has seen declining value-added in recent years. To address this, the city has focused on transforming SMEs toward terminal development to capture market opportunities. For instance, Chinalco Group previously struggled with ordinary aluminum sheet production but introduced downstream producers from Zhejiang through a "zero land price" policy, reprocessing aluminum sheets into anodized materials for construction, thus turning around its business.
Additionally, the Zhonghong Aluminum Deep Processing Industrial Park project, funded with 1.8 billion yuan, has started construction on 800,000 square meters of standard factory buildings, aiming to attract over 200 small and medium-sized aluminum terminal enterprises from the southeast coast. According to Mayor Zhao Jingbo of Guo Town, this park represents a key strategy in the city's terminalization approach. By directly using aluminum sheets from raw material areas and introducing southern aluminum processing companies, the city not only provides them with facilities but also generates revenue, achieving a win-win situation for both local businesses and the city itself.
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