On November 25, 2024, Zhejiang Jinggong Integrated Technology Co., Ltd. and Sichuan Zhongyi Huixin New Material Technology Co., Ltd. completed the signing of the Equipment Procurement Contract, with a total contract amount of 515 million yuan, involving raw wire and carbon fiber whole line equipment. This signing marks a breakthrough in Jinggong Technology's sales of raw wire equipment for the whole line!

Jinggong Technology has been laying out its carbon fiber business since 2013, and has successively established provincial-level enterprise research institutes and national level carbon fiber equipment product research and development centers, breaking through the technical barriers of core equipment such as pre oxidation furnaces and carbonization furnaces. In 2020, it achieved nationwide production of carbon fiber production line equipment technology.

At the same time, in order to break the long-term dependence of domestic raw silk equipment on imports, the company timely laid out the research and development of raw silk equipment, and after years of technical and process breakthroughs, completed the technical reserve of raw silk technology in 2023.

This year, the company has embarked on a new "trinity" transformation towards "equipment+materials+applications", forming a commercial ecosystem for the entire industry chain of "raw silk, carbon fiber, and composite materials" equipment and applications.

At present, the company has upgraded its positioning as a provider of high-end equipment and advanced composite new materials integrated solutions for the entire carbon fiber chain. It has simultaneously launched the strategic layout of "developing the aerospace (low altitude) economy industry with carbon fiber composite new materials" and entered the trillion level competition of the aerospace (low altitude) economy, steadily enhancing the brand influence of Jinggong Technology.

The collaboration with Sichuan Zhongyi Huixin New Material Technology Co., Ltd. is not only an important milestone for Jinggong Technology to achieve zero breakthrough in the commercialization of China's intelligent raw silk equipment, but also a new node for China's carbon fiber industry to move towards a more complete, independent and controllable direction. Both parties will work together to build a complete carbon fiber industry chain in Southwest China and empower the Chinese carbon fiber industry with a brighter future.