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Investment of 5 billion yuan, annual production of 200000 tons!
Seetao 2026-05-09 10:59
  • Handan Yongnian District welcomes heavyweight projects in the high-end new materials industry today
  • Will assist in the localization of materials in key fields such as aerospace and new energy in China
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In May, Handan is lush with greenery. On a spacious construction site in Yongnian District, the sound of cannons and applause intertwined - the 200000 ton high-quality alloy steel casting and forging integrated production line project of Hebei Yongxiang Teye New Material Technology Co., Ltd. officially broke ground. This is not only a simple groundbreaking ceremony, but also an important step for Handan City to move towards the high-end new materials industry. Hebei Yongyang Special Steel and Sichuan Jiangyou Changxiang Special Steel have joined forces to jointly create this industrial highland with a total investment of 5 billion yuan, providing key material support for China's high-end equipment manufacturing.

join forces between giants

The groundbreaking ceremony was presided over by Xue Shixiao, Deputy General Manager of Hebei Yongyang Special Steel. Representatives from MCC Jingcheng, Changxiang Special Steel, Yongyang Special Steel and other parties gathered at the scene. Chang Xu, member of the Party Committee and Deputy General Manager of MCC Jingcheng Metallurgical Company, stated in his speech that he will rely on his professional strength to ensure the high standard construction of projects and help them become industry benchmarks. Du Xiaofang, the General Manager of Yongyang Special Steel Group, promised that the project will strictly adhere to the safety and quality red line, seize the construction period, adhere to green and low-carbon, and create a high-end new material demonstration project with leading technology.

Digital empowerment

The project is expected to achieve a cumulative output value of over 50 billion yuan within five years, with an annual operating income of 4.5 billion yuan, profits and taxes of 800 million yuan, and 2000 new job opportunities. This will significantly enhance Handan's national influence in the field of high-end new materials, become a new engine for high-quality regional economic development, and inject strong momentum into the upgrading of local industrial structure.

Looking ahead to the future

Starting from the commencement of construction, Yongxiang Special Metallurgy will make every effort to promote early completion, early production, and early efficiency of the project. By empowering industrial upgrading with new materials, the project products will be widely used in high-end fields such as aerospace, military nuclear power, new energy, molds, ships, and automobiles, contributing to China's key material self-reliance and industrial chain security.Editor/Yang Meiling

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