Valley River Union Bank to help Huimin Economic Development Zone to "investment protection business" full speed ahead
2024-04-17 00:00

The spring breeze, carrying warmth, dances among the branches in April, bringing more than just the vibrant beauty of spring.

Deep within the Yellow River Delta, construction projects in the Huimin Economic Development Zone are brimming with the “vitality of spring.”

Just like the surging river, on the path of high-quality development, the momentum is unstoppable and ceaseless.

A “vibrant” spring conference on major project development has amplified the strongest call for investment promotion and business support, further heating up Huimin’s development.

Leaders from all departments and sectors gathered together with a single goal in mind: to ensure these projects bear fruit.

More good news! With the support of Guchuan United, the shale oil valve box manufacturing project has commenced production; the industry-academia-research base for nano-insulation materials is set to break ground.

As the main battleground for Huimin County’s economic development, how does the Economic Development Zone focus on investment promotion, aggressively pursue projects, and foster a business-friendly environment?

01 Staying Ahead of the Curve: Prioritizing Investment Promotion

Earlier, while browsing the news, I saw that Song Yongxiang, Secretary of the Binzhou Municipal Party Committee, proposed the “2+2” initiative.

This refers to “two services” + “two constructions,” with one of the services being enterprise support.

Not only that, but at the mobilization meeting for Huimin County’s “Three Major Campaigns,” County Party Secretary Wang Wei emphasized the need to “prioritize investment promotion, accelerate project construction, and revitalize the industrial economy.”

At the same time, he advocated the philosophy that “once you enter Huimin’s gates, you are a member of the Huimin family,” urging everyone to serve as dedicated “concierges” and “supportive family members” for enterprises.

“In the martial arts world, speed is the ultimate weapon”—this is a consensus among martial artists, and it is also the consensus of Huimin’s investment promotion team.

This year, Huimin’s investment promotion efforts continue to accelerate at a steady pace.

In February, the county held a site-visit promotion meeting for major high-quality development projects for the spring season.

On this occasion, Huimin County launched 32 projects simultaneously, with a total investment of 14.3 billion yuan and an investment of 4.3 billion yuan for the current year. These projects cover emerging industries such as high-end equipment manufacturing and new materials.

Valley River Union Bank to help Huimin Economic Development Zone to

Setting aside the sheer scale, from the perspective of urban development, Huimin Economic and Technological Development Zone’s industrial breakthrough also delivers a “knockout blow.”

In particular, the 300,000-ton-per-year high-end aluminum alloy conductor project by Hengwangte Cable is a landmark initiative that extends the industrial chain downstream, elevates the value chain to high-end levels, and focuses the innovation chain on cutting-edge technologies.

With a combined total investment of 1.34 billion yuan across Phases I and II, the project has introduced 10 wire drawing and stranding production lines and installed 260 units of advanced equipment. It transforms round aluminum rods into aluminum alloy conductors, increasing the product’s added value by more than 150%.

It is worth noting that Jiangsu Hengtong Group, a company ranked among China’s Top 500, has invested in the construction of the Hengtong (Huimin) Electric Power Technology Co., Ltd. high-end aluminum and aluminum alloy cable project, which is being established in the Huimin Economic and Technological Development Zone.

At the groundbreaking ceremony, Hengtong Group stated that the decision to invest here was driven by Huimin’s superior business environment.

Valley River Union Bank to help Huimin Economic Development Zone to

The establishment of the Hengtong project extends the high-end aluminum industrial chain, improves supporting industrial infrastructure, drives coordinated development across the entire industrial chain, and promotes the transformation and upgrading of Huimin’s aluminum industry.

These projects have become the “new engines” of Huimin Economic Development Zone’s High-End Aluminum Industrial Park, injecting momentum and empowering the region’s development toward clustering, specialization, and high-end manufacturing.

Such achievements in investment promotion are undoubtedly an impressive result, with a series of figures that are truly inspiring.

Standing at this new starting point, how will Huimin Economic Development Zone scale new heights?

The key lies in a qualitative shift from “attracting enterprises” to “attracting industries.” To broaden project resource channels, with the facilitation of Guchuan Lianhang, the Shale Oil Valve Box Manufacturing Project and the Industry-Academia-Research Base for Nano-Insulation New Materials have been established in the Economic Development Zone, effectively taking the initiative in investment promotion.

02 Industrial Breakthrough: Aggressive Project Pursuit

In the past, investment promotion resembled a “position battle”: industrial positioning was unclear, project screening criteria were vague, and investment promotion methods were not as diverse as they are today.

Today, investment promotion is more like a “sniping campaign.”

Through market-oriented investment promotion methods, we precisely identify and match a group of enterprises that align with local leading industries and can strengthen and complement industrial chains.

This shift represents an evolution in the investment promotion model—moving from a broad-brush approach to a refined one, and from a passive “wait-and-see” stance to an active “outreach” strategy.

Huimin Economic Development Zone’s shift toward specialization and high-end development is a key characteristic of new growth drivers in industries such as equipment manufacturing, biopharmaceuticals, high-end papermaking, and new energy.

As early as 2021, a project to manufacture 2,000 sets of valve boxes for shale oil development annually officially settled in the Huimin Economic Development Zone. Now in full production, it holds significant importance for the oil drilling and production industry.

Valley River Union Bank to help Huimin Economic Development Zone to

First, high reliability, high pressure resistance, and strong corrosion resistance in specialized oil drilling and production equipment have become industry trends, with robust downstream market demand.

Second, the adoption of a new six-directional precision extrusion molding press process will save 40% in raw materials compared to existing processes and reduce machining operations by at least 75%.

The launch of this project represents a major breakthrough in the high-end equipment manufacturing sector and injects new vitality into the oil drilling and production industry.

This represents both a shared consensus and a collaborative effort. It marks a substantial breakthrough in the investment promotion partnership between Guichuan Lianhang and the Huimin Economic Development Zone.

In addition, the Industry-Academia-Research Base for New Nano-Insulation Materials, which moved into the Huimin Economic Development Zone last year, is currently preparing to break ground.

With a total investment of 420 million yuan, the first phase of the project involves an investment of 250 million yuan to establish China’s only project featuring a complete industrial chain for CNC-automated nano-aerogel production, encompassing upstream substrate production, midstream composite processing, and downstream deep processing.

Phase II of the project is planned to involve an investment of 170 million yuan, designed to be the country’s only advanced automated freeze-dried cellulose aerogel production line. It aims to fill the domestic market gap for organic fiber aerogels, with products primarily divided into two major categories: industrial-grade and food-grade.

Valley River Union Bank to help Huimin Economic Development Zone to

The successful collaboration between the government and the enterprise is largely attributable to Huimin Economic Development Zone’s adherence to the philosophy of “projects first, planning foremost, investment promotion as a priority, and implementation as the key,” its high regard for investment promotion efforts, and the support and assistance provided by the park’s leadership.

The Huimin Economic Development Zone fully understands that while projects may come in droves, they ultimately need to coalesce into an industrial chain characterized by depth, precision, and resilience.

Today, a new blueprint is unfolding before our eyes. Huimin, and indeed the entire city of Binzhou, is carrying out investment promotion efforts with the drive and determination of full participation, round-the-clock dedication, and all-out commitment.

03 High-Quality Enterprises: Business-Friendly and Supportive

In recent years, to help high-quality aluminum-related enterprises reduce operational costs, Huimin Economic Development Zone has constructed a high-end smart aluminum standard factory building project.

Supporting and fostering businesses is, in fact, the best form of investment promotion. Through customized specialized platforms, the precision of our targeted efforts at this stage has been elevated to a new level.

Compared to traditional investment promotion models, clear industrial planning and precise functional positioning have elevated the investment promotion efforts to a new level.

Huimin Economic Development Zone’s investment promotion approach relies on anchor enterprises to strengthen upstream and downstream layouts, ultimately creating a “snowballing” cluster effect.

Using the Economic Development Zone as a base, the zone is focusing its efforts on the high-end aluminum industry, attracting projects that “strengthen and fill gaps in the industrial chain,” “high-quality and aesthetically pleasing” industrial projects, and “precise and robust” emerging projects.

For example, companies such as Weiqiao Aluminum & Power, Yuanwang Electric, and Hengwangte Wire have formed complementary industrial chains, strengthening the innovative high-end aluminum industry cluster and building globally competitive “three-integration enterprises” (smart factories, lean manufacturing, and information-based management), national smart factories, and “lighthouse factories.”

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Here, companies can find all the necessary supporting industries right within the park. For production and manufacturing enterprises, a robust industrial chain serves as a “secret weapon” for attracting projects to settle here.

Consequently, projects characterized by high technological content, high output per acre, and prominent industry standing have flocked to the Huimin Economic Development Zone.

A high-end aluminum industrial cluster worth hundreds of billions of yuan, focusing on automotive lightweighting, wires and cables, and aluminum profiles, is rapidly taking shape and is bound to drive Huimin’s economic strength to new heights year after year.

Regarding project development, the government ensures both “warmth” and “speed,” continuously refining the granularity of its services, striving to achieve “large clusters” through “major platforms.”

Leveraging the expertise of Guchuan Lianxing, the Huimin Economic Development Zone closely monitors cutting-edge technological projects, looking further ahead and moving faster than others, thereby achieving a transformation from “scattered efforts” to “collaborative breakthroughs.”


Source: Investment Promotion Network
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