Project Overview
1.1 Project Background
Ningguo Ningwu New Material Technology Co., Ltd. has commissioned its new automated, energy-saving wear-resistant production line, with an expected annual output value exceeding 100 million yuan.
Based in Meilin Town Industrial Cluster, the company is a tech-focused SME manufacturing castings, mining machinery, auto parts and non-ferrous metal products.
In 2021, it posted over 80 million yuan in output value and more than 2 million yuan in tax and profit contributions.
1.2 Investment & Scale
The total investment for the technical upgrade project hit 150 million yuan.
The expansion added 10 mu of land, renovated 3,200 sq.m. of buildings, and introduced 88 sets of advanced equipment, including used sand recyclers, automated production lines, welding machines, spectrometers and environmental gear.
The new setup forms a fully automated line capable of processing 10,000 tons of wear-resistant materials annually.
2. Performance & Benefits
2.1 Operational Results
The 7-million-yuan line started operation months ago.
Early data shows it reduced costs by 15% and lifted efficiency by 20%.
With stable operations, the company aims to hit 100 million yuan in output value and about 4 million yuan in tax/profit revenue this year.
2.2 Future Projection
General Manager Ding Lu said, “Mechanization has replaced manual labor, cutting costs and risks. Our output has doubled.”
The company forecasts 120 million yuan in output value and over 6 million yuan in tax/profits for 2023.
This upgrade strengthens Ningwu New Material’s competitiveness and sets a benchmark for local energy-saving and intelligent manufacturing upgrades.
3. Strategic Significance
The firm will continue to boost R&D and market expansion to drive growth in the regional new material industry.
