Groundbreaking Ceremony for the Power Equipment Production Base of Guangxi Mingdian Electric Co., Ltd. under Mingdian Group

2022-03-11

On the morning of March 10, 2022, the groundbreaking ceremony for the power equipment production base of Guangxi Mingdian Electric Co., Ltd. of Mingdian Group was held in Wutang Industrial Zone, Xingning District, Nanning City, Guangxi.

Chen Jun, Chairman of Mingdian Group, introduced in his speech that the total investment of the project is approximately 500 million yuan. Upon completion and operation, the project is expected to achieve an annual industrial output value of over 1 billion yuan. It will annually manufacture 5,000 sets of intelligent switchgears, 2,000 sets of box-type substations, 5,000 energy-saving transformers and other power equipment products. The base will contribute more than 30 million yuan in annual local tax revenue and provide over 500 jobs.

Chen Jun stated that with the large-scale application of smart grids across China in recent years, power equipment manufacturers have set off an upsurge in the R&D and production of intelligent power equipment. Driven by the national strategic goals of carbon peaking and carbon neutrality, investment in the new energy industry has increased sharply, making it the core market for intelligent and energy-saving power equipment. Mingdian Group will invest heavily in the research and development of intelligent and energy-saving power equipment, accelerate its industrial layout in smart grids and new energy sectors, and firmly seize valuable development opportunities. The Group will continuously optimize its industrial layout, enhance comprehensive power service capabilities, consolidate the domestic market with high-quality services, and expand overseas business.

Chen Yaolong, President of Nanning-Beihai Chamber of Commerce, remarked that Chen Jun, Chairman of Mingdian Group, also serves as the Supervisor-General of the Chamber. He is enthusiastic about public welfare and a down-to-earth industrial entrepreneur. As a leading enterprise in Guangxi’s power industry, Mingdian Group has ranked among the forefront of the regional power sector in terms of production technology and sales performance in recent years. With advanced technologies and reliable product quality reaching first-class industry standards, the Group has won wide recognition from customers. The commencement of construction marks the official launch of substantive construction of the new production base. Upon completion, the base will become a benchmark and demonstration base featuring innovation, energy conservation and outstanding brand influence throughout Guangxi’s power industry and even nationwide. It will write a new chapter and create new glories in the industrial development history of Mingdian Group.

Zhao Yiliang, Secretary-General of the Alumni Service Station of Water Conservancy and Electric Power College, delivered a speech with the motto Uphold Virtue for Perfection, Forge Ahead with Vigor.

Uphold Virtue for Perfection derives from The Great Learning, the foremost classic of the Four Books and Five Classics — “The way of great learning consists in manifesting one’s bright virtue, renovating the people, and resting in perfect goodness”. It signifies possessing both moral integrity and professional competence to pursue excellence.

Forge Ahead with Vigor conveys best wishes for Mingdian Group and alumnus Chen Jun: thriving business, vigorous development and expansive global development.

Covering a land area of 134 mu with a construction area of 108,200 square meters, the project will construct supporting infrastructure including 2 steel-structured production workshops, 5 multi-storey factory buildings, 1 office building and 1 staff dormitory. Guangxi Mingdian Electric Co., Ltd. mainly produces intelligent ring main units, high and low voltage switchgears, box-type substations, energy-saving transformers, bus ducts and other power equipment.

The event was attended by Hu Daqing, Member of the Party Leadership Group of Xingning District Government; Gu Wei from Xingning District Development and Science Bureau; Fang Hongbo from Economy and Information Technology Bureau; Liu Yongdong from Wutang Town; Huang Yugen of the Industrial Park; Wu Donglin, President of Shansha Chamber of Commerce together with 22 other members; Zhang Mingfei, President of the Alumni Service Station of Water Conservancy and Electric Power College, Zhao Yiliang, Secretary-General, and 26 other alumni members; Chen Yaolong, President of Nanning-Beihai Chamber of Commerce, Zhang Zulong, Honorary President, Yang Chao, Executive President, and 20 other chamber members, as well as 100 close business partners.