On October 9, a technical upgrade project for an annual production line of 80,000 tons of precision castings and a smart heat treatment line renovation project for an annual output of 20,000 tons of alloy steel castings for petroleum products were signed in Dailou Subdistrict. The signing of these two technical upgrade projects will further enhance the automation and intelligence levels of the enterprises' production lines, expand production capacity, optimize product structure, improve product quality and production efficiency, reduce energy consumption and costs, strengthen the market competitiveness of the enterprises, and inject new momentum into the quality and efficiency improvement of the subdistrict's industrial economy.
The annual production line technical upgrade project for 80,000 tons of precision castings is invested by Jiangsu Jinshi Xingyuan Casting and Forging Co., Ltd., with a total investment of 300 million yuan. Jiangsu Jinshi Xingyuan Casting and Forging Co., Ltd., established in 2020, currently has about 150 employees, including 30 professional technicians of various types and 60 research and development personnel. The company has advanced production equipment, complete testing equipment, strong technical force, and a high level of specialization. At present, the company already has an annual production capacity of 100,000 tons of steel castings. The enterprise mainly provides high and medium pressure valves as well as stainless steel series, shaft gear carbon steel, and alloy steel casting and forging products for petroleum drilling, chemical, metallurgy, railway, wind power, shipbuilding, and engineering machinery industries. Among them, the petroleum drilling and extraction machinery products produced for Jinshi Group cover major oilfields across the country and are exported overseas. The enterprise has been ranked among the top ten in the county in terms of invoicing, output value, and tax revenue for consecutive years.
The smart heat treatment line renovation project for an annual output of 20,000 tons of alloy steel castings for petroleum products is invested by Jiangsu Jinshi Casting and Forging Co., Ltd., with an investment of 110 million yuan. Jiangsu Jinshi Casting and Forging Co., Ltd. was established in 1994 and mainly provides medium and high pressure valves and gear shaft carbon steel, alloy steel, and stainless steel casting and forging blanks, heat treatment, and machining for petroleum drilling, chemical, metallurgy, wind power, railway, engineering machinery, and other industries. It has resin sand, water glass sand, medium frequency furnaces, steel ingots and large castings, fully automatic heat treatment, and other production lines. The petroleum drilling and extraction equipment produced for Jinshi Group adopts American API standards, covers major oilfields across the country, and is exported to more than ten countries and regions overseas. It has passed ISO9001, DNV, API, TS, environmental and occupational health and safety management system certifications, and has obtained more than 20 utility model patents and 3 invention patents.
Next, Dailou Subdistrict will continue to focus on the transformation and upgrading of the manufacturing industry, make every effort to provide full-process tracking services for project landing, construction, and production, implement the "green channel" for project assistance, and follow up on all aspects including procedure handling, factor coordination, and construction promotion throughout the entire process. At the same time, relying on the existing casting and forging industry foundation, it will continue to attract upstream and downstream supporting projects, continuously extend the industrial chain, and contribute more Dailou strength to the high-quality development of the county's industrial economy.