On August 23.2023,the groundbreaking ceremony of Henan Yubian Power Industry's annual energy-saving power transformer project with an annual output of 20,000 units was held in the Jinggong Industrial Park of Huixian Economic and Technological Development Zone. Liu Xin, director of the Economic and Technological Development Zone Management Committee Office, Li Tianhai, director of the Planning and Construction Bureau, Cui Zhenguo, Ma Jinqun, chairman of Yubian Electrician, and relevant responsible personnel of the project attended the commencement ceremony.

At the ceremony, Liu Xin and Li Tianhai delivered speeches respectively, expressing their strong support for the start of the project and their ardent expectations for the project construction. They emphasized the government's unswerving commitment to promoting the company's stable and rapid development, and emphasized the importance of this project in promoting the park's capacity expansion and quality improvement.

Since 2022, the development zone has conscientiously implemented the high-quality development requirements set by the provincial party committee and the provincial government for the development zone. The park focuses on serving existing enterprises and attracting new investment, and strives to implement "retreating from villages and entering parks". Henan Yubian Electric's annual production capacity of 20,000 units of energy-saving power transformers project is an important part of this initiative and an important milestone in the high-quality development of the region.

The project has a total investment of 250 million RMB and is constructed by Henan Yubian Electric Co., Ltd. with an annual output of 20,000 energy-saving power transformers. It covers an area of ​​approximately 73.7 acres, 6 factories, and a construction area of ​​48,000 square meters. The main products include energy-saving transformers and other power equipment, which will meet the huge market demand and generate significant economic and social benefits. The successful settlement of the company is expected to inject new momentum into the high-quality development of the Economic Development Zone.

The strong government support and the company's steady and rapid momentum are clear signs of the collaborative effort to move the project forward, underscoring its commitment to achieving sustainable growth and prosperity in the region.