Making the most of the spring season to get off to a strong start, we embark on a new journey in investment promotion.

In 2023, Luquan District in Shijiazhuang ushered in a “blooming season” for investment promotion. Its determination and confidence in building a 100-billion-yuan electronic information industry cluster attracted the attention of Beijing Dongyuan Runxing Technology Co., Ltd., a leader in its niche sector.

Serving as a bridge between government and enterprise, Guchuan Lianxing has added the finishing touch to Luquan District’s 100-billion-yuan industrial cluster through precise project identification and efficient implementation.

Currently, the project has entered the factory renovation phase. Once the company begins production, it will rapidly integrate into the local industrial cluster, playing a leading role in strengthening and complementing the industrial chain.

Targeting Industry Leaders: Guichuan United’s Precise Matchmaking

Amid the transformative changes brought by the historic opportunity to reshape China’s electronic information industry supply chain and ecosystem, next-generation information technology is driving industrial chain upgrades.

Beijing Dongyuan Runxing is a national high-tech enterprise, a Zhongguancun Gazelle Enterprise, and a Beijing-based "Specialized, Refined, Unique, and Innovative" SME.

As a high-tech enterprise, Dongyuan Runxing centers on 100% domestically developed design capabilities, with R&D personnel accounting for 55.56% of its total workforce. Its labels of high growth potential and cutting-edge technology have earned it the favor of numerous central state-owned enterprises.

Whether in terms of corporate strength, research achievements, or core technologies, Dongyuan Runxing can be considered an industry leader in the electronic information sector.

To date, the company has successfully transitioned from research and development to production and mass production. To accelerate its strategic expansion, the company plans to establish a new production base in North China.

Upon learning of the company’s site selection plans, the GuChuan team swiftly facilitated communication between the company and local government authorities. Guided by the philosophy of “thinking for businesses, serving businesses, and acting on behalf of businesses,” the team organized both online discussions and on-site visits to facilitate collaboration between the two parties.

Over the years, while facilitating the site selection and establishment of a series of electronic information enterprises, GuChuan United has been privileged to contribute to the orderly relocation and clustering of the industry.

Through the accumulation of practical experience, the GuChuan Alliance team has conducted in-depth research on the electronics and information technology industry and gained a thorough understanding of its development trends.

In advancing the cooperation between the two parties, the Guichuan team continuously conducted in-depth analyses of both sides’ needs, leveraged their respective resource advantages, identified areas of synergy, and efficiently ushered in a new chapter of partnership between the local government and the enterprise.

Luquan District’s industrial foundation and development environment ultimately won over the management of Dongyuan Runxing. Early this year, the two parties signed a cooperation agreement, with the company settling in the Luquan Economic Development Zone.

Currently, Dongyuan Runxing is working intensively on the construction of its factory buildings, while Luquan District is assisting the company in accelerating the process and recruiting talent.

Aiming for a 100-billion-yuan industrial cluster, Luquan collaborates with enterprises for mutual development

Luquan was once renowned as the “hometown of cement and building materials” in Hebei. Through years of industrial transformation and upgrading initiatives, Luquan District has successfully attracted a large number of electronic information enterprises to settle there, successfully achieving a “metamorphosis” from traditional industries to emerging industries.

Today, the electronic information industry chain is shifting from “labor-intensive” to “capital- and technology-intensive,” with factors such as research capabilities, talent, and the innovation environment becoming key considerations for companies when selecting a location.

Luquan District is home to the 13th and 54th Institutes of the China Electronics Technology Group Corporation (CETC), which represent its strongest advantage in attracting industrial clustering. A vibrant, large-scale industrial cluster is taking shape in western Shijiazhuang.

Currently, Luquan District has cultivated 900 electronic information enterprises, including Puxing Electronics, Zhongci Electronics, Far East Communications, and Hikvision, generating 63 billion yuan in sales revenue.

However, Luquan is not content to stop there; its ultimate goal is to build a "100-billion-yuan-level" industrial cluster.

To this end, Luquan District is making concerted efforts across project attraction, enterprise cultivation, industrial policies, and the business environment to achieve this goal.

On February 2, Luquan District successfully hosted the first Beijing-Tianjin-Hebei Enterprises · Luquan District Investment Promotion Conference. More than 30 enterprises attended, and 8 companies signed agreements on-site, with Dongyuan Runxing being one of them.

This successful start to the signing ceremony set a positive tone for Luquan’s industrial chain investment promotion. The development of industrial clusters does not simply involve concentrating all related enterprises in a single park, but rather forming a relatively complete upstream and downstream industrial chain.

For example, in Luquan District’s electronic information industry, the upstream sector features a specialized epitaxial wafer manufacturer—Puxing Electronics—which lays the “foundation” for downstream enterprises. In the future, the industry leader Hikvision may establish an automotive electronics production line in Luquan, further highlighting the agglomeration effect of the industrial chain.

It is precisely through the leadership of these top-tier enterprises that local authorities can connect key nodes along the industrial chain, enhance the appeal of industrial clusters, and attract more small, medium, and micro enterprises to settle and take root.

As enterprises continue to pour in, the demand for industrial development space grows accordingly.

To address this, Luquan District implemented an industrial upgrading plan, completing the clearance of 2,268 mu of industrial land within 20 days to make way for eight industrial park projects with a total investment of 15 billion yuan.

Committed to ensuring that enterprises can “start construction immediately upon acquiring land,” the district aims to accelerate project development in tandem with economic growth.

To encourage the development of key industries, Luquan District has specifically introduced the “Golden Ten Measures,” offering subsidies of up to 2 million yuan to incentivize enterprises to conduct targeted investment promotion along the industrial chain and attract investment through existing businesses, thereby achieving smoother integration between upstream and downstream sectors.

The advantages of industrial clusters, a superior business environment, and targeted policy support are all key reasons why enterprises ultimately choose to establish operations in Luquan.

Guchuan United has been deeply engaged in the investment promotion sector for 14 years, witnessing the development, relocation, and transformation of industries during this period. By accurately understanding corporate needs and efficiently driving regional development, Guchuan has earned the mutual trust of both government and enterprises through its professionalism.

Moving forward, Guchuan United will approach investment promotion with groundbreaking innovative thinking, aiming to consolidate industrial chains and accelerate industrial transformation and upgrading to drive high-quality regional development.