On the morning of August 19, Wu Ting, Vice Mayor of Jiangyin City; Tan Haiyan, Deputy Secretary of the Party Leadership Group and Deputy Director of the Municipal Development and Reform Commission, who also serves as Director of the Municipal Development, Reform and Financial Service Center; Zhang Weibin, Deputy Director of the Municipal Development and Reform Commission; and Xu Hongwei, Party Secretary of Zhouzhuang Town, led a delegation to Jiangsu Huahong Technology Co., Ltd. for a research and guidance visit. Hu Pinxian, Chairman of Huahong Technology, and Zhu Dayong, President of Huahong Technology, accompanied the delegation during the visit.

Huahong Technology – Strive, Be Pragmatic, Innovate, Dedicate Yourself

    Wu Ting and her delegation conducted an on-site visit to Huahong Technology's intelligent production workshop to gain insights into the company's technological innovation and digital transformation initiatives. Chairman Hu Pinxian provided a detailed overview of the company's overall industrial layout, the current market landscape, and its current operational status; he also elaborated in detail on the company's future strategic direction, its medium-and long-term development plans, the upgrading of the circular economy industry, and the progress of ongoing projects.

    Wu Ting fully recognized the achievements made by Huahong Technology in establishing a strong presence in the Zhouzhuang local market, focusing on its core business sector, driving technological innovation, and advancing intelligent transformation. She emphasized that the company should seize emerging industrial development opportunities, leverage financial support effectively, persistently tackle key core technologies, strengthen the core competitiveness of its industrial chain, and serve as a leading listed enterprise to contribute further to the high-quality development of Jiangyin's manufacturing sector.

    Xu Hongwei stated that Zhouzhuang Town will implement the guiding principles outlined in this research initiative, strengthen its enterprise service support systems, take a proactive approach to facilitate coordination and liaison, and make every effort to support key enterprises within its jurisdiction in expanding and growing their operations.

    Seizing this research and guidance initiative as an opportunity, Huahong Technology will firmly capitalize on policy-driven opportunities, adhere to an innovation-driven development approach, continuously enhance the core competitiveness of its industrial chain, focus its efforts on strengthening its core circular economy business, help elevate the quality and efficiency of Jiangyin's manufacturing sector, and accelerate the iterative upgrading of China's circular economy industry.

Huahong Technology

    Huahong Technology is a group-based high-tech enterprise specializing in the circular economy sector for renewable resources. Headquartered in Zhouzhuang Town, Jiangyin City, the company was listed on the main board of the Shenzhen Stock Exchange in December 2011 (Stock Code: 002645).

    Through over three decades of innovative accumulation, the company has focused on its core business in the circular economy for renewable resources and is advancing its industrial strategic layout of "extending upstream, strengthening midstream, and expanding downstream," having now entered a phase of group-based development. Its business portfolio spans diverse sectors—including renewable resource equipment, high-end manufacturing of elevator components, comprehensive utilization of rare earth resources, rare earth magnetic materials, and renewable resource operations—and comprises more than 20 wholly-owned and controlled subsidiaries. The company's production facilities are strategically located across multiple regions, including Jiangsu, Jiangxi, Zhejiang, Beijing, Shandong, and Baotou.