🏭 Zhongtian Steel's 20 Billion-Yuan Production Base Puts into Operation! 🎉

With the continuous effectiveness of steady growth policy measures, Jiangsu's industrial production has maintained rapid growth this year, especially the high-tech manufacturing industry, which has continued to pick up speed and played a significant supporting role in stabilizing the economic development of the province.

The latest data shows that in May, the added value of Jiangsu's high-tech manufacturing industry grew by 10.5% year-on-year, 3.3 percentage points higher than the total large-scale industrial enterprises, driving the total added value of large-scale industrial enterprises to grow by 2.4 percentage points, with a significant leading role. The strong growth momentum of the manufacturing industry is also reflected in the sustained growth of investment. From January to May, the investment in manufacturing industry across the province grew by 14.2% year-on-year, with 22 out of 31 major industries in the manufacturing industry achieving growth, a growth rate of 71%, which is 9.7 percentage points higher than the first quarter, and 20 industries have a growth rate higher than the total investment growth rate.

🌐 In Huai'an, the world's largest single-body high-quality steel wire rope production base was officially put into operation not long ago. The base relies on the 5G+Industrial Internet platform to build the world's first "Lighthouse Factory" for deep processing of metal materials, with man-machine efficiency reaching the top level of the industry. Under the guidance of technological innovation, the base has successfully manufactured steel wire with a diameter of only 0.07 millimeters, further improving the strength of the steel wire rope, which is widely used in automotive tire products. It is expected to produce 1.3 million tons of high-quality steel wire rope and 300,000 tons of tire bead wire annually, achieving annual sales of over 20 billion yuan.

🗣️ Wan Wenhua, Executive Deputy General Manager of Zhongtian Steel Group (Huai'an) New Material Co., Ltd., said: "Through intelligent manufacturing digital control and comprehensive 5G networking for modeling, we have fully collected our production processes and production data, finding better production process parameters and better production costs, as well as lower emissions."

🚀 Deeply promoting new industrialization and accelerating the gestation of new quality productive forces, this year Jiangsu has accelerated the construction of a modern industrial system with advanced manufacturing as the backbone, striving to promote "smart transformation, digital transformation, and network connection" for more than 10,000 industrial enterprises within the year, and accelerating the digital transformation of traditional manufacturing industries. With policy support, the high-tech manufacturing industry has maintained a rapid growth momentum. From the monthly growth rate, the growth rate of the added value of high-tech manufacturing has maintained a growth of about 10% for three consecutive months, all higher than the total large-scale industry; from the cumulative growth rate, from January to May, the added value of high-tech manufacturing industry grew by 9.1%, an increase of 6.3 percentage points compared to 2023.

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