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“Congratulation on Twentieth National Congress” Enterprise Multiplication Plan: Hwapeng Breaks Foreign Monopoly with Technological Innovation

15

Oct.

2022

“Congratulation on Twentieth National Congress” Enterprise Multiplication Plan: Hwapeng Breaks Foreign Monopoly with Technological Innovation

Cohesion Enterprise Multiplication Plan: Hwapeng Breaks Foreign Monopoly with Technological Innovation

Lately, an Airbag Pressurization Vacuum Vibration Forming Machine developed by Shandong Hwapeng Precision Machinery Co., Ltd. was officially launched. This equipment is the core equipment of the graphitization process of the negative electrode material of new energy batteries. Previously, this kind of equipment has been monopolized by foreign companies. With the advent of new products of Hwapeng, the domestically of core equipment in this field has been realized.

Wang Yi, Chairman of Shandong Hwapeng Precision Machinery Co., Ltd.: With this technology, we can create better value for users and establish Hwapeng’s competitive advantage. This is what is importance. The future market growth is also very broader.

Relying on the technical advantages, the products and technical services of Hwapeng currently involve high-end new materials, artificial intelligence, industrial robots and high-end areas of the new energy vehicle equivalent value chain. In the first half of 2022, the operating revenue increased by 122%, the net profit increased by 216%, and the growth of annual operating revenue and profit are expected to achieve 75% – 100%.

Wang Yi, Chairman of Shandong Hwapeng Precision Machinery Co., Ltd.: The vision is to become a leading digital technology service provider in the field of new energy materials around 2024. In the future, Hwapeng hopes to become a leading digital and intelligent technology service provider in China’s industry.

ABOUT HWAPENG

Established in 1994, HWAPENG is a Professional manufacturer of Carbon Paste Preparing & Forming Machines. Holding 17 national Patents, 2 China’s national industry Standards of kneader & cooler, 90% Market Share in China, We also provide Anode Vibrocompactor & Graphite Electrode Extruder & other equipment in Carbon Plants & EPC.

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