Accelerate the growth of high-end aluminum industry! Valley River Union Bank to assist the Huimin Economic Development Zone to Hebei to carry out "point to point" precision investment promotion
2021-12-30 13:36

As 2021 draws to a close, the domestic COVID-19 situation continues to evolve. To ensure a strong finish to the year and a solid start to the next, the Huimin Economic Development Zone has remained undeterred in the face of numerous challenges.

Recently, with the targeted guidance of Guchuan United, a five-member investment promotion team from the Huimin Economic Development Zone in Binzhou City, Shandong Province, traveled to Hebei Province to conduct “point-to-point” investment promotion. Over three days, they visited four high-quality aluminum-related enterprises, covering a total distance of 1,800 kilometers, ensuring that investment promotion efforts remain uninterrupted.

The aluminum industry is Binzhou City’s most important pillar industry and one of the seven pillar industries prioritized by Shandong Province.

Huimin County established a high-end aluminum industrial park in 2012. Within a 20-kilometer radius centered on the park, the total primary aluminum production capacity reaches 2.13 million tons, accounting for a significant portion of Binzhou City’s total capacity.

The leading enterprise within the park—Huihong New Materials Co., Ltd.—is a wholly-owned subsidiary of Weiqiao Pioneering Group. With an annual electrolytic aluminum production capacity of 750,000 tons, the company ensures that molten aluminum never touches the ground, allowing it to be transported directly to downstream manufacturers. This eliminates the need for casting, warehousing, and remelting, saving downstream enterprises 900 yuan per ton of molten aluminum.

Accelerate the growth of high-end aluminum industry! Valley River Union Bank to assist the Huimin Economic Development Zone to Hebei to carry out

▲ Aerial view of the high-end smart aluminum standard factory buildings in Huimin Economic Development Zone

To help high-quality aluminum-related enterprises reduce operational costs, the Huimin Economic Development Zone has launched the construction of a high-end smart aluminum standard factory building project. Phase I covers a construction area of 300,000 square meters (including 265,000 square meters of high-end smart aluminum standard factory buildings), with supporting facilities such as an R&D service center, a testing and certification center, and other service facilities. The project aims to attract aluminum profile and aluminum door and window manufacturing and processing enterprises to set up operations there.

Currently, the foundation work for the workshops in Phase I has been partially completed, and steel structures are being installed in multiple workshops. The facilities are expected to be delivered and put into use before the Spring Festival.

With targeted promotion from Guchuan United, the investment promotion team visited aluminum processing enterprises in multiple locations for on-site inspections, touring production workshops and holding discussions with entrepreneurs.

In Baoding, the investment promotion team provided detailed answers to questions raised by an aluminum-zinc alloy enterprise regarding industrial relocation and project assistance services. The enterprise’s representative stated that they would contact upstream and downstream supply chain partners to jointly advance the relocation and reception of similar industries.

At an automotive parts manufacturer, the investment promotion team introduced Huimin County’s labor advantages and industrial support policies to the company’s management. They jointly explored the feasibility of establishing a satellite factory and extended a sincere invitation for the company to visit Huimin for an on-site inspection, laying a solid foundation for future cooperation.

Accelerate the growth of high-end aluminum industry! Valley River Union Bank to assist the Huimin Economic Development Zone to Hebei to carry out

In Tangshan, the investment promotion team engaged in in-depth discussions with an aluminum products manufacturer regarding land use, electricity rates, and potential future project collaborations. Moving forward, both parties will draft a cooperation agreement to refine the details of their partnership and achieve mutual benefits.

In Handan, an aluminum alloy door and window manufacturer expressed interest in establishing a full industrial chain spanning from aluminum billets to aluminum profiles, and from aluminum profiles to finished doors and windows. This enterprise aligns well with Huimin Economic Development Zone’s efforts to extend its aluminum deep-processing industrial chain; both parties will further deepen communication to explore cooperation opportunities.

Taking the initiative to conduct on-site visits is a practical manifestation of Huimin Economic Development Zone’s commitment to the spirit of “acting with practicality and leading the way.” It conveys sincerity and demonstrates a proactive work ethic.

Since 2021, the Huimin Economic Development Zone has targeted key regions and sectors, focusing on industrial chain-based investment promotion. From January to November, it attracted 6.344 billion yuan in capital from outside the city, a year-on-year increase of 79.67%; actual utilization of foreign capital reached 25.48 million USD, a year-on-year increase of 42.75%.

By respecting entrepreneurs, treating investors with generosity, and serving taxpayers—driven by a series of concrete measures—the Huimin Economic Development Zone has become a thriving hub for investment and business development.

Accelerate the growth of high-end aluminum industry! Valley River Union Bank to assist the Huimin Economic Development Zone to Hebei to carry out

▲ On November 24, 2021, the Huimin Economic Development Zone held a signing ceremony for a project to manufacture 2,000 sets of valve boxes for shale oil development annually.

Since entering into an investment promotion partnership with the Huimin Economic Development Zone in April of this year, Guichuan Lianhang has continuously advanced the targeted introduction of projects. It has successfully facilitated the formal signing and establishment of a project to manufacture 2,000 sets of valve boxes for shale oil development annually, contributing to the development of the local equipment manufacturing industry.

As a trusted service provider for regional economic development, Guichuan Lianhang will view development from a broader perspective, continuously attracting high-quality projects, bridging industrial gaps, and strengthening industrial weaknesses to contribute to the high-quality development of the Huimin Economic Development Zone.

Source: Investment Promotion Network
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