In March, various science and technology enterprises in Guiyang, Southwest China's Guizhou province, vigorously accelerated their production schedules.
Guizhou's Yaguang Electronic Technology Co has linked its increase in production capacity to its insistence on promoting transformation and upgrading through scientific and technological innovation.
Up to now, the company has built six intelligent automatic production lines, including an auto inspiration all-in-one machine production line with a total investment of 20 million yuan ($2.87 million). The implementation of this line broke the monopoly of foreign suppliers for core technology in auto electronic control.
Guiyang's Shunluo Xunda Electronic Co is a high-tech enterprise that integrates research and development, production and sales of electronic materials, and components and modules. In 2022, the annual sales of the enterprise achieved a 25-percent countertrend growth.
The Changtong Intelligent Manufacturing Industrial Base is one of the top 10 hundred-billion-yuan industrial projects in Southwest China's Guizhou province. It is committed to attracting upstream and downstream enterprises to settle in the base and build industrial clusters.
This year, Guizhou Changtong Group has set the target for its output value in traditional sectors, such as wires, cables and building materials, at 5 billion yuan. An additional target for the group is a 10-billion-yuan output value in the new energy sector. The group will focus on promoting the development of wind power related supporting enterprises in Guizhou and accelerate new industrialization.