In the critical year of deepening the implementation of the "14th Five-Year Plan", Zhangqiu District's equipment manufacturing industry has reported another success

In the critical year of deepening the implementation of the "14th Five-Year Plan", Zhangqiu District's equipment manufacturing industry has reported another success. Recently, it was learned from Zhangqiu Heavy Forging Co., Ltd. (hereinafter referred to as "Zhangqiu Heavy Forging") that the enterprise achieved a double increase in output value and order volume in the first quarter, with a significant year-on-year growth, and the market share of high-end equipment products continued to rise, starting the new year with "hardcore strength".

Since the beginning of the year, Zhangqiu Heavy Forging has taken a "sprint from the start" approach to strictly grasp production scheduling, focusing on key production areas such as equipment manufacturing and implementing special team services for bottlenecks in critical processes. Facing the intensified competition in the global high-end equipment market, Zhangqiu Heavy Forging has made "technological breakthrough" its core strategy. In the first quarter, the company's R&D investment is expected to increase by 25% year-on-year, successfully overcoming technical bottlenecks in precision forming of large forgings, with on-hand orders increasing by 20% over the same period. Relevant data shows that the proportion of forging parts orders for wind power products has risen to 68%.

The "good start" of Zhangqiu Heavy Forging is not only the result of the enterprise's deep commitment to technology and daring to explore and experiment but also a microcosm of the regional economy's "stable and strong industrial chain". As Shandong Province's new and old kinetic energy conversion "five-year breakthrough" enters a critical period, the "Zhangqiu forging model" based on innovation and collaboration may provide more insights for the high-quality development of the high-end equipment manufacturing industry. It is reported that the company put into operation the largest 8,000T electric screw press forging production line in China in the first quarter, which can achieve more precise pressure control and operation, improve the processing accuracy and quality of forgings. Meanwhile, a 500-square-meter laboratory will be fully operational. The annual output value is expected to exceed 100 million yuan.