BH'smajor technical transformation projects successfully passed the completion of acceptance

30th May 2022

On the afternoon of May 27, the joint inspection team, led by Yuhuan Bureau of Economy and Information Technology and composed of Yuhuan Bureau of Natural Resources and Planning, Municipal Finance Bureau, Municipal Statistics Bureau, Urban Housing Bureau, Qinggang Town Government and other units, inspected and accepted bomin's major technological transformation project. Bomin stock financial, administrative and other departments responsible for the inspection team made a work report.

In order to strengthen the strength of the company and improve the reputation of the industry, BH Started the "technical renovation project of 16 million sets of new ball valves and 250,000 sets of precision automobile water pump production line" with a total investment of 110 million yuan in 2018, which was listed as a major technical renovation project by Yuhuan Municipal government and enjoyed the policy of "one case, one discussion". The project involves 4773 square meters of newly added industrial land, which will be merged with the old factory to make a new general plan. 47957.32 square meters of new plant will be built after demolition. The project introduces advanced production and testing equipment at home and abroad, adopts forging technology and precision NUMERICAL control technology, improves the capacity scale of valve, automobile water pump and machine tool equipment, and extends the industrial chain. After the project is completed and put into operation, the annual sales revenue is expected to reach 350 million yuan, profit and tax is expected to reach 54.5 million yuan, and foreign exchange is expected to reach 51 million U.S. dollars, which will drive the coordinated development of more than 40 small and micro supporting enterprises around the project to achieve harmony and prosperity.

Project in the process of advance, BH people overcome the outbreak repeatedly, electricity, materials are in short supply, such as difficulty, in the support of the municipal government and relevant departments of the help, adhere to the production and construction, after more than three years of efforts, the project workshop in April 2022 by the end of all completed and completed the real property right registration, realized the operation smoothly. According to the audit by the accounting firm, the project investment, fixed assets and other financial indicators have reached the expectations, and the enterprise has achieved good economic and social benefits. Inspection group listened to the report, carefully check the related information, site visit to the new plant layout, by all accounts, people share project planning, high starting point, strict process management, financial data, real hardware configuration is complete, the entire project is "yuhuan" benchmarking, the other small industrial park transformation can have very good reference... . After the inspection group democratic evaluation, agreed to bomin shares major technical transformation project through the completion of acceptance. The person in charge of BH said that it would take this technical transformation as an opportunity to strengthen the industry, make solid products, continue to play the leading role in the industry, and make unremitting efforts to build a first-class domestic and international advanced enterprise!

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