On December 8, Shangli County People’s Government and Siyang Minyuxing Precision Machinery Co., Ltd. held a project signing ceremony at the Pingxiang City Guest Hotel. Siyang Minyuxing Precision Machinery Co., Ltd. invested 2.2 billion yuan to build 40 wheel hub production lines in the Ganxiang Cooperative Industrial Park, and drove a group of supporting enterprises to develop in Li, and promoted the development of the intelligent equipment manufacturing industry in Shangli, injecting new vitality and adding New kinetic energy.
Luo Xuan, Member of the Standing Committee of the Municipal Party Committee and Minister of the United Front Work Department of the Municipal Party Committee, attended the signing ceremony

County Party Secretary Li Jun attended the signing ceremony
Luo Xuan, Member of the Standing Committee of the Municipal Party Committee and Director of the United Front Work Department of the Municipal Party Committee, Li Jun, Secretary of the County Party Committee, Li Zhimeng, Deputy Secretary of the County Party Committee and County Mayor, He Hongyu, Member of the Party Group of the County Government, Deputy General Manager of Jiangxi Provincial Construction Engineering Group Co., Ltd., Secretary of the Party Committee of the Domestic Engineering Department, General Manager Liu Xiaoyi, Chairman of Jiahe Intelligent Technology Co., Ltd. Yan Wenhua, Chairman of Siyang Minyuxing Precision Machinery Co., Ltd. Jia Minshuan, and Siyang Minyuxing Precision Machinery Co., Ltd. Director and General Manager Chen Weifeng attended the signing ceremony. Qi Yuqing, member of the Standing Committee of the County Party Committee and head of the United Front Work Department, presided over the signing ceremony.

At the signing ceremony, Li Zhimeng, deputy secretary of the county party committee and county magistrate, delivered an enthusiastic speech on behalf of the Shangli county party committee and government of the Communist Party of China. He pointed out that the official signing of the project is a major measure for Minyuxing Company to accelerate its deployment and expand investment across the country. It is also a brand-new achievement for Shangli to vigorously develop the equipment manufacturing industry, accelerate the pace of transformation and upgrading, and promote the high-quality development of the county economy. The two parties will take this as a new starting point, give full play to their respective advantages and potentials in technology, talents, capital, and markets, and work together to build the project into a demonstration project and a benchmark project in the equipment manufacturing industry of the whole city, the whole province, and the whole country. Shangli will benchmark against a first-class business environment, further increase overall coordination, abide by promises, perform contracts with integrity, and make every effort to provide convenient government services for project construction. It is hoped that Minyuxing Company will always adhere to the concept of integrity, professionalism, and win-win, seize the construction period, work hard and quickly, and accelerate the project to start construction at an early date and complete and put it into production as soon as possible, so as to inject new vitality into the construction of the “five counties” in Shangli.

Chen Weifeng said that Shangli is located in the hinterland of the Chang-Zhu-Tan economic integrated city cluster, with superior location, convenient transportation and huge development potential. The production base in Shangli has a bright prospect. The company will practice the concept of sustainable development of green and environmental protection, build a smart, digital high-end manufacturing industry chain factory in Shangli, and actively fulfill corporate social responsibilities to contribute to the high-quality leap-forward development of Shangli’s economy and society.

Siyang Minyuxing Precision Machinery Co., Ltd. is a professional automobile wheel and equipment manufacturer integrating R&D, design, manufacturing and sales. It is a national high-tech enterprise, a specialized and new “little giant” enterprise, and has the world’s most advanced All the patents and manufacturing technologies of the fully automatic commercial wheel hub production line have strong strength and strong momentum. The company invested 2.2 billion yuan to build a production base in Shangli, which is expected to start production in 2022 and reach full production in 2025. After it is completed and put into operation, the total annual output is 10 million, and the annual output value is no less than 8 billion yuan. Together with the 7 billion yuan output value of the supply chain, it will bring 15 billion yuan of output value to Shangli, and realize a profit of 1.8 billion yuan. The tax is not less than 600 million yuan.
Main responsible comrades from County Industrial Park Management Committee, County Commerce Bureau, County Science and Technology Bureau, County Council for the Promotion of International Trade, Tongmu Town, etc. participated in the whole process.

