On June 2nd, Xinxing Jihua GroupCast iron pipeThe annual production of 3 million tons of steel project by Xinjiang Co., Ltd. and Jing Industrial Park has been approved by the National Development and Reform Commission's Development and Reform Office Industry [2012] No. 1451. This is one of the two approved steel companies in Xinjiang at present.

After the project is fully operational, it is expected to achieve an annual sales revenue of over 15 billion yuan and a profit and tax of 2.5 billion yuan. This will add a reliable layer of guarantee to enhance the company's core competitiveness in the market. At the same time, its construction and development in Xinjiang will also accelerate the pace of industrial transfer between Hejing County and Xinjiang, leverage the advantages of iron ore and coal resources, and make greater contributions to accelerating Xinjiang's economic construction and driving the people of all ethnic groups in the north and south of the Tianshan Mountains to achieve comprehensive prosperity. According to the project plan, the goal is to achieve a production capacity of 5-8 million tons by the end of the 12th Five Year Plan, which will undoubtedly become a new highlight in the political and economic development of Bazhou and Hejing counties