Dainan town, home to the Xinghua High-tech Industrial Development Zone, inked an investment cooperation agreement with the Jiangsu Maigangle Electronic Exchange Center on Dec 2 to jointly develop a national recycling resource trading center, along with platforms for the Dainan recycling resource trading index, information resource center, precision casting materials, high-temperature alloy processing and sales, and digitized industry and trade for recycling resources.
Xinghua High-tech Zone boasts over 3,800 small and medium-sized manufacturing enterprises, including 10 national "little giant" firms specializing in innovation, six provincial "gazelle enterprises", 49 provincial specialized and sophisticated SMEs, and 188 national high-tech enterprises.
The zone is equipped with top-notch public service platforms like the national stainless steel products quality supervision and inspection center.
Maigangle, established in 2007, has focused on stainless steel and recycled metal trading, risk management, and supply chain finance. With a cumulative trading volume exceeding 100 billion yuan ($14.14 billion), it offers integrated services in trading, settlement, warehousing, and logistics, significantly enhancing resource allocation efficiency and transaction security across the industrial chain.
Zhang Yuejun, deputy director of Xinghua High-tech Zone, emphasized the zone's commitment to fostering a favorable business environment and welcomed Maigangle's investment, viewing it as a pivotal opportunity to extend the industrial chain, elevate industrial standards, and cultivate new growth drivers.
He expressed confidence that Maigangle's presence would inject robust momentum into the zone's industrial development and economic prosperity.