Enterprise
Bozhun high-precision angle milling head project starts construction
On June 26, 2026, the key project of Bozhun Precision Technology in Lishui District, with an annual output of 5000 sets of high-precision angle milling head intelligent manufacturing project, started construction in Yongyang Street. The project focuses on the production of core components for machine tools, covering high-end fields such as aerospace, new energy, and semiconductors. After production, the annual output value is expected to be 110 million yuan, which will fill the gaps in key components of local CNC machine tools and improve the layout of the regional intelligent manufacturing equipment industry chain. Editor/Cheng Liting
HKC Corporation Becomes Shenzhen's Billion Dollar Hard Technology New Giant
On June 26, 2026, HKC shares were listed on the main board of the Shenzhen Stock Exchange at an issue price of 10.12 yuan, with a maximum increase of about 640%. Its market value once exceeded 500 billion yuan and closed steadily at 350 billion yuan. As a global leader in large-size LCD, HKC has received investment support from state-owned assets such as Chongqing and Mianyang, as well as BOE. Founder Wang Zhiyong started assembling from Huaqiangbei and built his own high generation production line, breaking the monopoly of overseas panels. This listing marks the addition of a billion dollar giant to Shenzhen's hard technology enterprises.Editor/Gong Ziwei
Grand blasting open-pit mine overall management project
In mid June 2026, the first open-pit mine overall management project of Hongda Blasting, Hubei Zhongxiang, with an annual output of 9 million tons of building stone limestone mine, officially started construction. The reserves of the mining area exceed 129 million tons, with a total investment of approximately 560 million yuan, creating a new model of integrated mining custody services throughout the entire process. Editor/Cheng Liting
Chinese enterprises win Indonesian polypropylene project
Recently, China Chemical Fifth Ring Engineering Co., Ltd. successfully signed an EPC general contracting project for a 300000 ton annual polypropylene project in Indonesia. The project is located in Indramayu County, West Java Province, Indonesia, and the partner is Politama Company, a well-known local petrochemical enterprise in Indonesia. After the completion of the project, the cooperative enterprise will form a dual production line operation mode, significantly improving the local high-end polypropylene production capacity, filling the gaps in the petrochemical industry chain, and optimizing the overall structure of Indonesia's chemical industry. This cooperation is a new achievement of practical cooperation along the the Belt and Road. In the future, China will promote project construction with high standards and continue to cultivate overseas markets.Editor/Li Xiaohua
China Railway 16th Bureau Overseas Lianzhong Multiple Aid Projects
Recently, China Railway 16th Bureau has achieved multiple new results in its overseas aid business, successfully winning bids for multiple medical aid projects in Cote d'Ivoire and Tanzania. Since 2025, enterprises have continued to deepen their involvement in the foreign aid market, with increasingly diverse business types. Currently, they have won a total of 9 foreign aid projects and 7 new bids in 2026. At the beginning of 2026, China Railway 16th Bureau will complete multiple core professional qualifications and achieve full coverage of foreign aid business qualifications. Enterprises rely on complete qualifications and mature experience to build an integrated overseas development model, continuously implement overseas livelihood projects, and demonstrate the responsibility and commitment of central enterprises in foreign aid through practical actions.Editor/Li Xiaohua
Completion of the construction section by Chinese enterprises!
Recently,in Taolanaru, Madagascar, the first section of the first phase of National Highway 12, which was constructed by China Railway 18th Bureau, was officially completed. Officials such as the interim head of state and prime minister of Malaysia attended the completion ceremony. The total length of this section is about 45 kilometers, with 5 supporting bridges built, and it is the core transportation artery in southeastern Malaysia. The implementation of the project greatly improves local travel conditions, reduces logistics costs, and supports the development of industries such as fishing, mining, and tourism along the route. At the same time, the second phase of the project has also been officially launched.Editor/Li Xiaohua
Chinese enterprise delegation confirms new metal manufacturing project
Recently, Lin Mingxiang led a delegation of Chinese companies to visit the Fergana region of Uzbekistan, finalizing metal processing and manufacturing projects, effectively filling the local metallurgical capacity gap.After completing two days of on-site research, the delegation confirmed the investment direction with the local government, planned and constructed a manufacturing base, and carried out sheet metal processing and metal structure production. The local demand for metallurgical products is high but has long relied on imports. After the project is implemented, it will achieve product import substitution and expand overseas markets for Chinese enterprises, promoting deeper and more practical bilateral industrial cooperation.Editor / Li Xiaohua
Qingdao Silicon Carbon Composite Negative Electrode Material Production Project
Recently, the Huateng silicon carbon composite negative electrode material production project officially started construction in the graphite new material industry cluster area of Nanshu Town, Laixi City, Qingdao City, Shandong Province. The project is invested and constructed by Qingdao Huateng Graphite Technology Co., Ltd., with a planned total investment of 390 million yuan and a construction area of 42000 square meters. It will be equipped with production plants, research and development centers, and professional testing facilities, and is planned to build three silicon carbon composite negative electrode material production lines. Editor/Cheng Liting
Datang Power and others establish a 10 billion joint venture company
Recently, Datang (Ordos City) Energy Development Co., Ltd. was established with a registered capital of 10 billion yuan. According to shareholder information, the company is jointly owned by Datang Power Generation, Jiangsu Guoxin Group Co., Ltd., and Ordos New Energy Development and Utilization Co., Ltd. Business scope: General projects: Power generation technology services; Wind power generation technology services; Solar power generation technology services; Energy storage technology services, etc. Licensed Project: Power Supply Business; Power generation business, transmission business, power supply business, etc.Editor/Gong Ziwei
Mingyang Group invests 14.8 billion US dollars in Ethiopia
In May 2026, Mingyang Group signed a $14.8 billion investment agreement with Ethiopia to develop an 8.4 gigawatt wind and solar power project, as well as industries such as green ammonia production and wind power equipment manufacturing.Editor/Gao Xue
In April 2026, the sales share of new energy vehicles in China reached 53.2%
On May 11, 2026, the China Association of Automobile Manufacturers released data showing that the production, sales, and export volume of new energy vehicles in China steadily increased in April. Among them, the production and sales volume were 1.32 million and 1.344 million respectively, an increase of 5.5% and 9.7% year-on-year. The sales volume of new energy vehicles accounted for 53.2% of the total sales volume of new cars.Editor/Gong Ziwei
Xinjiang Energy Group achieves a leap in coal value
Recently, the high-quality chemical coal special train from the Shitoumei No.1 open-pit coal mine in Santanghu, Xinjiang Energy Group, headed south directly to the Hualu Hengsheng Hubei Jingzhou base, marking the successful connection of Xinjiang Coal with domestic high-end coal chemical leaders. Hualu Hengsheng Jingzhou Base belongs to the high-end chemical coal scene of "eating fine grains". The sales company accurately matches the low ash, low sulfur, high calorific value, and non stick coal of Shitoumei No.1, achieving a leap from exporting primary resources to supplying high-value chemical raw materials, which is a key milestone in the "black coal butterfly transformation". Editor/Cheng Liting
Xinjiang Lihua Cotton Spinning Chain settles in Kazakhstan
On May 5, 2026, President Tokayev met with Zhang Qihai, Chairman of Xinjiang Lihua Group, to focus on the cotton textile industry chain project. Plan 52000 hectares of cotton fields, 196 drip irrigation pump stations, 500 kilometers of pipeline network, and 10 factories, with a first phase investment of 360 million US dollars, creating over 4000 jobs. Tokayev awarded Zhang Qihai the second-class "Friendship" medal of Kazakhstan on the spot, and two processing plants have been put into operation in Turkestan Oblast. Editor/Cheng Liting
China Power Construction wins Hami coal-fired power project
On April 28, 2026, the Guoneng Hami Cogeneration Project was announced, and China Power Construction won a total bid of 1.165 billion yuan for two sections, with China Energy Construction losing twice.Editor/Gao Xue
The first large-scale AIDC park green power direct connection project in China has landed!
Recently, Shuangdeng Co., Ltd. successfully won the bid for Jiangtian Data's 120MW/240MWh AIDC energy storage project. This project is the first large-scale AIDC park in China to integrate "green power direct connection, source grid load storage" energy storage, marking the official entry of China's AIDC industry into a new stage of "dual wheel drive of computing power and energy".Editor/Yang Meiling
Shuangjie Electric Inner Mongolia Industrial Park starts construction
The Inner Mongolia Ultra High Voltage Transformer Industrial Park, invested 1.5 billion yuan by Shuangjie Electric, has recently started construction, with an estimated annual output value of 6 billion yuan after reaching full capacity. The company has partnered with Wengniute Banner's 2.8 billion yuan Yuan Network Load Storage Project to form a dual wheel drive of "equipment manufacturing+green electricity closed-loop", relying on the advantages of free trade zones to accelerate the expansion of the European and American markets.Editor/Cheng Liting
Elo Energy's 5MWh energy storage system has passed UL's rigorous explosion test
SolaX Power recently announced that its ORI 5MWh energy storage system has successfully completed full-scale system level detonation testing under the guidance of UL Solutions. This test is conducted based on the UL 9540A: 2025 draft framework and is UL's first system level deflagration assessment worldwide. The test intentionally triggered thermal runaway of the battery cell in a controlled environment and kept the ventilation system closed, fully simulating the extreme process of combustible gas release, accumulation, and even detonation. The test scenario is designed based on high demand parameters, with the ignition point set at a location that may exacerbate pressure and flame turbulence. In the end, the system structure remained intact and successfully passed the strict thermal runaway safety verification.Editor/Yang Meiling
Wanhua Chemical's 16.8 billion yuan green power project is put into operation
On March 28, 2026, the first phase of Wanhua Chemical Haiyang Green Power Industrial Park's 100000 ton lithium iron phosphate project was put into operation, and the second phase started simultaneously. The total investment of this project is 16.8 billion yuan, and it adopts the green power direct supply mode. It is a major project in Shandong Province. As the world's largest chemical giant in MDI production capacity, Wanhua Chemical has established battery materials as its second main business, relying on an 800 person R&D team to achieve mass production of its fourth generation products.Editor/Cheng Liting
4.6 billion green intelligent electrolytic aluminum project starts construction
On March 26, 2026, Wanji Aluminum (Xinjiang)'s 580000 ton electrolytic aluminum project started construction in the Camel Circle Industrial Park. The total investment of this project is 4.595 billion yuan, and it adopts a 600KA level large capacity electrolytic cell and intelligent control system. The DC power consumption per ton of aluminum is as low as 12430 kWh, and the energy efficiency is globally leading. As a key project for national capacity replacement, the project is planned to be put into operation in July 2027.Editor/Cheng Liting
Far sighted Sheyang offshore transmission chain project begins construction
On March 25, 2026, the Far East Sheyang Offshore High Power Transmission Chain Project started construction, achieving the first breakthrough in the coastal layout of the industry with 100% self-developed and self-made transmission chains for offshore large megawatt units. The project is expected to be put into operation in November, and will collaborate with surrounding industries to enhance local supporting capabilities, reduce costs and increase efficiency, and strengthen operations and maintenance, helping to price offshore wind power. Editor/Cheng Liting
Tesla will build a super chip factory
On March 30, 2026, TeslaAI's official Weibo account announced the official launch of the TERAFAB super chip factory project, which is expected to achieve an annual computing power output of over 1 terawatt, equivalent to about 50 times the current global annual total computing power output of AI chips. Musk stated that this will be the largest chip manufacturing project in history to date. Editor/Cheng Liting
Dazhong Mining and Wanhua jointly build lithium salt project
On March 23, 2026, Dazhong Mining announced that it had signed an investment agreement with the Meishan High tech Industrial Park Management Committee and Wanhua Chemical (Sichuan) Battery Material Technology Co., Ltd. to cooperate in the construction of a lithium salt project with an annual output of 200000 tons in Meishan, Sichuan. According to the agreement, Dazhong Mining will also establish a joint venture subsidiary with Wanhua Battery Materials Company to jointly promote the construction of the first phase of the project.Editor/Yang Meiling
Huadian Group invests in power plants in Kazakhstan
The Aktau Gas Power Plant, a joint venture project of China Huadian Corporation, is planned to be put into operation in June 2027, with a total investment of 108 billion tenge and an installed capacity of 160 megawatts, creating more than 300 jobs.Editor/Gao Xue
Haili Wind Power signs another large order of 1.085 billion yuan
On March 17, 2026, Haili Wind Power signed a supply contract for wind turbine foundation duct frames with a customer worth 1.085 billion yuan, bringing the cumulative orders for the same deep-sea project to 1.692 billion yuan, which will significantly increase its performance from 2026 to 2027.Editor/Gao Xue
Huawei Digital Energy Consortium wins Brazil's largest energy storage project
The consortium formed by Huawei Digital Energy and Aggreko UK has successfully secured a large-scale solar storage hybrid project in the Amazon region of Brazil. This project is the result of a public tender by the Brazilian federal government in 2026 and will become the largest energy storage system in Brazil, aimed at supplying power to remote communities in the Amazon region. The project plans to construct a total of 110MWp photovoltaic power stations and supporting 120MWh energy storage systems in 24 locations, covering medium-sized towns such as Tef é. The total investment of the project is approximately 165 million US dollars, equivalent to 850 million Brazilian reals. Among them, 510 million reals of funds come from funds related to Axia Energia, and the rest is jointly funded by partners.Editor/Yang Meiling
Kailes Intelligent Equipment Project Huangqiao starts construction
On March 13, 2026, Huangqiao Street in Jiangsu Province welcomed an important moment, and the Kailshi Intelligent Equipment R&D and Production Global Center project officially started construction. The project is invested and built by Shenzhen Kaierdi Optoelectronic Technology Co., Ltd., covering an area of about 23 acres with a total investment of 500 million yuan. It focuses on the field of semiconductor related intelligent equipment, covering research and development, assembly, and sales. The project plans to introduce advanced semiconductor cleaning equipment production technology and achieve local conversion. After reaching production capacity, internationally leading semiconductor cleaning equipment such as production cleaning machines and wet etching machines will be added.Editor/Cheng Liting
Electricity giant signs a large deal worth 14 billion yuan in the Middle East
China Power Construction and Abu Dhabi Future Energy Company signed an EPC contract for a 13.962 billion yuan photovoltaic storage project. The project includes 2.1GW of photovoltaic and 7.75GWh of energy storage, located in the Mshayrif area of Abu Dhabi, with a total construction period of 21 months. It is a globally leading integrated photovoltaic and energy storage project.Editor/Gao Xue
Colin Electric and Intelligent Interconnection Reached Strategic Cooperation
Colin Electric and Intelligent Communication Technology Co., Ltd. recently signed a strategic cooperation and mutual procurement framework agreement in Colin Industrial Park, Shijiazhuang. Both parties announced that they will carry out in-depth cooperation around AI high-precision sensing products, charging piles, and new energy products, integrate their respective technology and market advantages, and jointly explore the global new energy market. Liu Guojun, General Manager of Colin Electric's Intelligent Electricity Business Unit, and Zhang Dong, General Manager of the New Energy Business Unit, attended the signing ceremony.Editor/Yang Meiling
CEE6.9 billion centralized procurement and energy storage battery cells
China Electric Equipment Group recently launched a large-scale centralized procurement of energy storage batteries. The product purchased this time is 314 ampere hour lithium iron phosphate battery cells, with an estimated total purchase of approximately 19.80 gigawatt hours and a purchase amount of approximately 6.9 billion yuan. Based on this calculation, the purchase price of battery cells is approximately 0.3484 yuan/watt hour.Editor/Yang Meiling
Huadian 12GWh Energy Storage System Frame Procurement Results Announcement
Recently, the bidding candidates for the 2026 energy storage system framework procurement of China Huadian Group were announced. There are 10 companies shortlisted, with a quotation range of 0.4999 to 0.5458 yuan/watt hour, and an average price of 0.5238 yuan/watt hour. In order, seven candidates for winning the bid are Electrician Era, CRRC Zhuzhou Institute, TBEA New Energy, Dongfang Automation, Guodian Nanzi, Huadian Science and Technology, and Siyuan Qingneng; Sunshine Power, Haibosichuang, and Haichen Energy Storage are three candidate candidates.Editor/Yang Meiling