A production workshop owned by Guilyu New Materials Co. [Photo/Guiyang Municipal Bureau of Industry and Information Technology]
As the fourth quarter begins, industrial enterprises in Guiyang city and Gui'an New Area are running at full capacity, with major projects progressing rapidly.
Guizhou Panpan Food Co, located in Guanshanhu district, has implemented double-line production in its workshops, doubling daily output to 10 metric tons. Meanwhile, Guilyu New Materials Co, in Qingzhen, is ramping up production of its ultra-thin and power battery aluminum foil project. Once completed in 2025, it is expected to generate an annual output value of 950 million yuan ($131.49 million).
Lianji Electronics Co has expanded production lines to meet the growing demand from domestic and international markets. For the first three quarters, its total output value was 291 million yuan. Gui'an New Area's photovoltaic module project is also progressing towards its year-end completion, with over 90 percent of construction already completed.
The city's economic growth continues to outperform expectations. Industrial output increased by 11 percent in the first nine months of this year, ranking first among western provincial capitals. Guiyang city and Gui'an New Area are committed to promoting industrial development, enhancing product quality, expanding production, and accelerating key projects to meet year-end targets and contribute to regional economic growth.