On May 6th, the intelligent project for using high-end aluminum sheet, strip and foil in Yuefeng New Energy Vehicles was officially launched in the Haimen Economic and Technological Development Zone.
The intelligent project for high-end aluminum sheet, strip and foil used in New Energy Vehicles by Yufeng New Energy Vehicle Co., Ltd. (a local enterprise located in Nantong) has been expanded and constructed with additional investment. The project covers an area of 127 acres and has a total investment of 1 billion yuan. Among this, the investment in equipment exceeds 400 million yuan. It will introduce industry-leading advanced rolling, heat treatment and precision processing equipment to build a high-end aluminum rolling material production line, aiming to create a modern intelligent, digital and green modern factory. The project is expected to be put into operation in the third quarter of 2027. After full-scale production, the company's total taxable sales are expected to exceed 7 billion yuan, and the annual tax revenue will exceed 150 million yuan. Nantong Yufeng Composite Materials Co., Ltd. is a national-level "small giant" enterprise and a national-level high-tech enterprise. It has been deeply rooted in the region for 30 years and mainly engages in the research, production and sales of new materials such as aluminum heat transfer materials and aluminum-steel composite materials. Its product quality is widely recognized by the domestic and international markets and has successfully entered the supply chains of global renowned enterprises such as Tesla, BYD, CATL, China FAW, GAC Group and SAIC Group.
In recent years, our region has been firmly committed to the goal of becoming a "manufacturing powerhouse", focusing on its advantageous industries, strengthening the provision of essential resources, fully tapping and releasing the potential for effective investment, encouraging high-quality enterprises to increase investment and expand production, promoting the deep integration of scientific and technological innovation and industrial innovation, accelerating the renewal of traditional industries, the development of emerging pillar industries, and the forward-looking layout of future industries, and accelerating the construction of a modern industrial system. A number of leading industrial enterprises such as Zhongtian Steel, Baolaitu, Ailang Wind Power, Haixin Shipping, Zhongyuan Heavy Industry, Dongzheti Medical, Huigu Pharmaceutical, and WanGao Pharmaceutical have all deepened their layouts and increased their investments, effectively driving the coordinated development of the upstream and downstream of the industrial chain. The intelligent project for high-end aluminum alloy sheet, strip and foil for automotive use that was recently started has high technological content and strong innovation-driven capabilities, effectively promoting the advancement of our region's advanced materials industry towards the high-end of the value chain.
At the opening ceremony, Wang Kaifeng, the chairman of Nantong Yuefeng Composite Materials Co., Ltd., delivered a speech. He said that Haimen has a solid industrial foundation, a strong development momentum, and efficient government services. It is an ideal place for enterprises to invest and thrive. The company will fully accelerate the progress of project construction, strive to complete the project early, start production early, and achieve results early, and contribute the strength of the enterprise to the high-quality development of advanced manufacturing in Haimen.
