Guiyang and Gui'an power up industrial economy

A workshop of Guiyang Zhong'an Technology Group Co. [Photo/Guizhou Daily]

The industrial enterprises in Guiyang City and Gui'an New Area are gearing up for a strong start to 2024, aiming to solidify and accelerate their overall economic recovery.

On the first working day after the Spring Festival holiday, all frontline employees of Guiyang Zhong'an Technology Group Co reported for duty. Some 200 fully automated production lines are operating at full capacity in order to meet orders totaling over 500 million yuan ($69.45 million). These order include photovoltaic cables, low-voltage cables, and medium to high-voltage cables.

Setting their sights on a revenue target of 4.1 billion yuan this year, Wang Chuanfu, a plant manager of the company, stated, "With the market demand outstripping supply, we are planning to construct a new 36,000-square-meter factory. After the introduction of over 50 new production lines, we anticipate an additional output value of 1 billion yuan."

Meanwhile, at Guizhou Anxin Electronics Co, over 30 wire bonding machines and wire bonders are meticulously crafting integrated circuit chips the size of soybeans. Workers are diligently packaging these chips, and the production line is buzzing with activity.

Zhao Guobing, the company's deputy general manager, expressed that thanks to research and development innovation and the promotion of smart manufacturing, the company's market prospects have broadened. Riding the wave of development, the company has already secured orders worth around 20 million yuan in the first quarter.