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On the morning of May 7, the three new expansion projects of Hongwang Intelligence, Proton Intelligence, and Buta Precision, located in Yongyang Street, Lishui District, started construction on the same day, with a total investment of nearly 1 billion yuan
Nanjing Hongwang Intelligent Technology Co., Ltd
A new manufacturing project with an annual output of 50,000 sets of machine tool parts was built
Nanjing Hongwang Intelligent Technology Co., Ltd. focuses on the R&D and production of high-end machine tool accessories such as machine tool protective cover and chip conveyor, and invests 500 million yuan to build a new flexible production line for machine tool parts manufacturing. The project is a major project in Nanjing, and will form an annual production capacity of 50,000 sets of machine tool accessories, with an estimated annual output value of 200 million yuan and a tax revenue of 14 million yuan.
Proton Intelligent Lubrication Technology Nanjing Co., Ltd
Lubrication product distributor line expansion project
The expansion project of Proton intelligent lubrication product distributor production line is invested and constructed by Proton Intelligent Lubrication Systems (Dongguan) Co., Ltd. The company is a well-known professional manufacturer of centralized lubrication systems in China, the products cover resistant, volumetric, circulating, progressive, spray and other grease and thin oil lubrication products, the investment of 350 million yuan to expand 5 lubrication product distributor production lines, can increase the annual production capacity of 84,000 units. After the project is completed and put into operation, it is expected to have an annual output value of 150 million yuan and a tax revenue of 8 million yuan.
Buta Precision Machinery Technology (Nanjing) Co., Ltd
Newly established a project to manufacture a nitrogen balancing system for machine tools
With a total investment of 115 million yuan, the project will build a new nitrogen balance system manufacturing project with an annual output of 12,000 sets of machine tools, which will be invested and constructed by Wuxi Huajin Hydraulic Equipment Co., Ltd. The company’s products are widely used in the domestic CNC machine tool industry, forestry machinery, metallurgical equipment, papermaking machinery, mining machinery, construction machinery and all kinds of large and medium-sized iron and steel enterprises. The project is planned to be put into operation in May 2025, and is expected to increase the annual output value of 100 million yuan and the tax revenue of 6 million yuan after reaching production. These three projects focus on the manufacturing of core functional components of machine tools, covering machine tool accessories, lubrication systems, nitrogen balancing devices and other fields
The three projects started on the same day, demonstrating the attractiveness of regional industries. At the groundbreaking ceremony, the heads of the three enterprises said that they would rely on the advantages of Lishui’s perfect industrial chain, increase R&D investment, cultivate professional talents, strengthen cooperation with upstream and downstream enterprises, and enhance the competitiveness of the industrial chain. “We will fully support the development of enterprises, provide high-quality services and policy guarantees, and promote the early commissioning of the project.” The relevant person in charge of Yongyang Street said.
As one of the main positions of Nanjing’s intelligent manufacturing equipment industry, Lishui District focuses on the upstream and downstream industrial chain of CNC machine tools and focuses on the construction of high-end machine tool industrial parks. In June 2024, the CNC machine tool functional components industrial cluster with Yongyang Street Industrial Park as the core was selected as a characteristic industrial cluster for small and medium-sized enterprises in Jiangsu Province, and was the only one on the list in the province’s CNC field. At present, the cluster has gathered 164 complete machines, core components and supporting enterprises, forming a full-chain industrial ecology, with a total output value of 16.962 billion yuan in 2024.
