Recently, the Shouqin Processing Company and Qinhuangdao Hongyou Equipment Co., Ltd. held a cooperation framework agreement signing ceremony at Qinhuangdao Shougang Industry-City Integration Demonstration Park. The two parties will take the nearly 40,000 m2 plant lease of the Shouqin Processing Company as the basis for carrying out in-depth cooperation in two phases on the supply of steel raw materials, processing of steel structure products, development of pipeline and pressure vessel products, etc. During the project cooperation negotiations, the Shouqin Company broke the shackles of customary thinking, dared to make breakthroughs, conducted research and demonstration regarding the cooperation model and technical problems, and had the courage to go forward and quickly and efficiently implement the project in just one month.

Since the beginning of this year, the Shouqin Company has actively implemented the spirit of the Group’s “Two Sessions” and the requirements of the tasks and objectives of the Shouqin Company’s congress of workers and staff, carried out the in-depth mass themed practice activities of “One Leading and Two Integrations”, considered the actual transformation and development situation, acted according to local conditions, and sought new opportunities according to the trends, thereby refining and consolidating the new connotations of “One Leading and Two Integrations” of Shouqin Park: insist on building an Industry-City Integration Demonstration Park as a goal, deeply integrate the innovation of the management mode with the introduction of high-quality industries, and deeply integrate good platform services and a high-quality industrial chain; innovate the “cooperation chain”, borrow resources from others to accomplish tasks, accurately attract investment, complement the advantages of enterprises entering the park, and achieve mutual benefit and win-win results; strengthen the “industrial chain”, seek market opportunities around the upstream and downstream of enterprises entering the park, and cultivate the park’s industries and enhance its value-added service capabilities; keep the “capital chain”, strengthen capital management and control, and always insist on pursuing profitable income and profits with cash flow; and create the “talent chain”, take multiple measures to strengthen talent training, improve the comprehensive quality of existing personnel, export high-quality human resources to enterprises entering the park, and gradually cultivate a new transformation and development model that supports the sustainable development of the park.

An affiliate of Qinhuangdao Huanya Equipment Co., Ltd., Qinhuangdao Hongyou Equipment Co., Ltd. is mainly engaged in the production and installation of power system auxiliary equipment and stiff girder structures. It has established solid cooperative relationships with many large power enterprises and electric groups. Through this cooperation, it intends to increase its annual production capacity by 100,000 tons, raising its total production capacity to 150,000 tons, and the annual output value is expected to reach more than RMB 1.2 billion.