Recently, in Jining, Shandong Province, the smart factory project of Hengwang Group is being advanced intensively and orderly. The smart factory covers an area of 200,000 square meters, with a total investment of 1.01 billion yuan. It is expected to be completed and put into production in October 2024. The implementation of this project aims to create a high-end equipment manufacturing smart factory that integrates automation and digital technologies to improve production efficiency and product quality, and accelerate the company's digital transformation. It is expected that the annual output value will reach 3 billion yuan after completion and production. .

As an enterprise specializing in the R&D and manufacturing of construction machinery, Hengwang Group currently has more than 1,000 employees. Its main products are bulldozers and excavators, and it has established an extensive sales network in the global market. The construction and future operation of smart factories will bring more efficient and intelligent products and services to Hengwang Group to meet the needs of global customers.

The construction and future operation of the smart factory are expected to create about 1,500 jobs, provide a large number of job opportunities for the local area, and at the same time drive the development of related industrial chains. Hengwang will also continue to make positive contributions to the social and economic development of the local and surrounding areas. contribute.