Guiyang Zhong An Technology Group produces products such as cables, new aluminum materials and environmentally-friendly pipes. [Photo/Guiyang news network]
Guiyang Zhong An Technology Group in the Guanshanhu district of Guiyang, capital of Southwest China's Guizhou province, was recently selected as one of Guizhou's 22 leading industrial companies as its business revenue exceeded 1 billion yuan ($153.81 billion) within just one year after being put into operation.
Leading industrial companies are those with international influence, regional competitiveness and industrial influence, which contribute to industrial upgrading and transformation.
In 2018, Guanshanhu district signed an agreement with Zhong An Technology Group to establish the Zhong An electrical science and technology industrial park. The park covers a total area of 365 mu (24.33 hectares) with a total investment of 3 billion yuan.
So far, five workshops with 82 production lines have been constructed in the industrial park. The group also invested more than 30 million yuan in new product R&D.
The group has successfully developed ceramic fireproof wire, high-voltage wire, new energy vehicles and mineral insulated cable, and applied for 69 patent certificates.
In 2021, the group's business revenue was a combined 1.3 billion yuan. This number is expected to reach 2.53 billion yuan in 2022, and the group's total annual output value is expected to reach 10 billion yuan in 2021-25, providing jobs for 2,000 people.