A 'little giant' enterprise officially put into operation in Nangang Science and Technology Park

On April 8th, the first phase of the transmission research and development production base of Anhui Wofu Permanent Magnet Technology Co., Ltd. was officially put into operation in Nangang Science and Technology Park. After reaching production capacity, it can achieve sales revenue of 300 million yuan and total profits and taxes of more than 50 million yuan, which will effectively promote the high-quality economic and social development of Hefei High tech Zone.

　　Innovation is the primary driving force behind development. Anhui Wofu Permanent Magnet Technology Co., Ltd. (hereinafter referred to as "Wofu Permanent Magnet") is a national high-tech enterprise, a national specialized and innovative "little giant" enterprise, and a national intellectual property advantage enterprise that focuses on permanent magnet transmission technology, integrating scientific research, design, production, and sales. For many years, the company has been committed to promoting energy conservation, quality improvement, and efficiency enhancement of high-power industrial motors in China. It is dedicated to energy-saving technological upgrades of high-power motors in various fields such as electricity, metallurgy, chemical industry, cement, coal, and military industry, with energy-saving rates generally reaching 20% -50%.

At the production ceremony, Xu Xiukun, Chairman of Wofu Permanent Magnet, stated in his speech that the total land area of this project is about 30 acres, with a total construction area of about 28000 square meters. Three factory buildings and one research and development complex building are planned to be built. The construction will be carried out in two phases, and the first phase of the R&D and production base will be successfully put into operation, which will accelerate the large-scale industrialization process of the company's traditional advantage product permanent magnet speed controller and stimulate the industrial transformation of new products such as low-speed direct drive permanent magnet motor technology achievements. The second phase is expected to be completed in February 2024.

We deeply feel the strong innovative temperament, excellent business environment, and good industrial foundation of Hefei... "Wu Jing, General Manager of Wofu Permanent Magnet, introduced that the company has been developing in Shanghai for many years, and with the expansion of its scale, the enterprise cost is also constantly rising. Since 2020, I have visited cities such as Nanjing, Suzhou, and Wuhan for inspection, and was ultimately attracted by the warm "business environment" of Hefei. Regarding the reasons for landing gear, Wu Jing candidly stated that in recent years, Hefei has experienced rapid economic development driven by technological innovation, with a clear and thorough understanding of technology and a deep concern for enterprises. After being fully put into operation, it will not only contribute to the local economic development, but also add luster to the national energy strategy, "she said.

The settlement of Wofu Permanent Magnet in Nangang Science and Technology Park is just a microcosm of the investment achievements of Hefei High tech Zone.

As a national specialized and innovative 'little giant' enterprise, Wofu Permanent Magnet is the industry 'leader' in high-power permanent magnet speed controllers, "said Ding Ke, the first secretary of the Party Working Committee and director of the Management Committee of Nangang Science and Technology Park in Hefei High tech Zone. In recent years, Hefei High tech Zone, as the core area of Hefei's comprehensive national science center, national independent innovation demonstration zone, and the first batch of national innovation and entrepreneurship demonstration bases, has been a strategic pivot for the construction of an innovative country and the main carrier for Hefei's construction of the 'Great Lake City Innovation Highland'. For nine consecutive years, it has been ranked first in the comprehensive ranking of 177 national high-tech zones in China. Nangang Science and Technology Park is a technology park jointly built by Hefei High tech Zone and Hefei Shushan District, covering an area of 20.2 square kilometers. It has initially formed three strategic emerging industry clusters, including automobile and parts supporting, high-end equipment manufacturing, and environmental protection. In 2022, Nangang Science and Technology Park achieved a total industrial output value of 36.2 billion yuan and a tax revenue of 1.456 billion yuan, with a year-on-year increase of 45.5% in tax revenue, setting a new historical high.

The above is a public media report by People's Daily Online

On the day of the ceremony, Mr. Xu Xiukun, a member of the Party Working Committee and Deputy Director of the Management Committee of Hefei High tech Zone, gave the finishing touch to the lion dance, indicating the prosperity and growth of Wofu Permanent Magnet's business. Accompanied by the dance of the golden lion, amidst the enthusiastic sound of firecrackers and bursts of laughter, the commissioning ceremony of the first phase of the Wofu Permanent Magnet Transmission R&D and production base entered its climax.               

Subsequently, Mr. Xu Xiukun, Chairman of Wofu Permanent Magnet Technology, and the attending leaders and guests jointly touched the screen to open and witness the exciting moment of the industrial park's production. With applause and blessings, the first phase of Wofu Permanent Magnet Transmission R&D and production base was successfully put into operation.

       Next, under the leadership of Ms. Wu Jing, General Manager of Wofu Permanent Magnet, the attending leaders and guests visited the production workshop together.

Wofu Permanent Magnet will innovate and develop, overcome difficulties, work hard, do a good job in all aspects, and repay the care, support, and love of leaders at all levels and friends from all walks of life with even better performance. The road ahead is long and arduous, and I will search from top to bottom. The first phase of the research and production base of Wofu Permanent Magnet Transmission has been successfully put into operation, and we have witnessed this grand and joyful moment together. Wofu Permanent Magnet will maintain its hardworking style, help Hefei's high-quality economic development, and strive to write a new chapter of high-quality development in the new era!