In the past year, Xiangyang has witnessed a vibrant construction boom, marked by the completion of major projects and the advancement of industrial development. Zhengzhou Coal Mining Machinery Co., Ltd., with a total investment of 502 million yuan, has been fully operational, significantly boosting the production capacity of hydraulic supports and coal boring machines, achieving an annual turnover of 560 million yuan. Meanwhile, SINOMACH Seiko White Dome Abrasives Co., Ltd. invested 1.165 billion yuan, with its overall relocation project now entering the construction phase. These developments have laid a solid foundation for the rapid growth of Fuyang’s new materials industry.
Fuyang City has actively pursued the "industrial strong city" strategy, leveraging leading enterprises to drive investment and accelerate the upgrading of traditional industries while cultivating emerging sectors based on new materials. Over the past year, the city implemented 483 projects exceeding 5 million yuan, with 37 projects, including Zhengzhou Boiler and Expo Mining Machinery, completed and operational. Additionally, 30 projects, such as Wuzhou International and SINOMACH Seiko, were introduced, securing a contractual investment of 25.36 billion yuan. The new materials and equipment manufacturing sectors contributed 15 billion yuan in added value, accounting for 49% of the city’s industrial economy.
To further develop traditional industries, Fuyang has focused on strengthening management, adjusting product structures, and promoting industrial upgrades. The city has established high-standard industrial cluster areas, aiming to build a modern industrial system. Efforts are being made to enhance infrastructure, attract investment, and construct standardized factories. These initiatives aim to boost the efficiency and growth of traditional industries.
To overcome developmental bottlenecks, Fuyang has combined large-scale enterprise investments with targeted cluster-based attraction strategies. The city has conducted numerous investment promotion activities, attracting more than 48 visits from other regions. For large projects over 500 million yuan, a "one-on-one" service approach is adopted, ensuring timely support and improving project compliance rates.
Currently, 12 projects, including the Wuzhou International Industrial Expo City and Zhengzhou Ouli Electronics Group, have signed contracts totaling 10.17 billion yuan. Eight projects involving the CSR Group's coal machinery sector have secured a total investment of 8.45 billion yuan. Several ongoing projects, such as the China (Zhengzhou) International Engineering Machinery Industrial Park and Xingshifa Door Industry Co., Ltd., continue to advance, with 21 leading industrial projects under construction and 19 leading projects driving development. International brands like Volvo and Hitachi have joined the industrial cluster, and efforts are underway to build a professional park for engineering machinery and after-sales services, enhancing the influence of Fuyang’s traditional industries.
Under the leadership of Zhaoda, Fuyang is focusing on emerging industries, seizing the opportunities presented by the Zhengzhou New Material Industry Cluster. By leveraging top resources, R&D capabilities, and industrial bases, the city is cultivating new industries to fuel the modern industrial system. A policy of "inviting large and strong enterprises" has been implemented, with tailored investment activities held over ten times. Project tracking involves integrated mechanisms and dedicated personnel, ensuring efficient procedures and timely problem resolution.
So far, the new materials industry has signed 44 projects, including those from the world’s top 500 companies and industry leaders like Zhengzhou Huajing, with a total investment of 22.3 billion yuan. Projects such as the National Machine Seiko White Pigeon and the National Carbon Fiber Engineering Technology Center are expected to invest 2 billion yuan this year. Fuyang has also successfully established the National Patent Navigation Industry Development Experimental Zone, becoming one of China’s first eight experimental zones. The city has welcomed the academician workstation, hiring Chinese Academy of Sciences Academician Zou Guangtian as its first in-flight academician, bringing top-level technical leadership. This marks a significant step forward in building the "China Diamond City" and the globally influential "Superhard Materials Industry Valley."
With numerous large-scale, high-tech equipment manufacturing projects breaking ground and new materials projects signing agreements, Xiangyang’s modern industrial system is taking shape. The path of new industrialization continues to expand, setting the stage for sustained growth and innovation.
4o
Optoelectronic Chips
CHENGDU MESKERNEL INTEGRATED TECHNOLOGY CO.,LTD , https://www.meskernel.com