General Secretary Xi Jinping emphasized the need to attach great importance to the healthy development of the real economy and enhance its profitability. Shandong focuses on the key industrial chain and core technologies of the manufacturing industry, leverages the guiding role of government funds, and promotes the aggregation of social capital towards the real economy.
Not long ago, the Shengrui Transmission commercial vehicle longitudinal 8AT project was successfully launched, filling the market gap in this field in China. Li Jian, Chief Technologist of Shengrui Transmission Co., Ltd., told reporters: "In the field of commercial vehicle light trucks, AT gearbox is the first application. With this production line, Shengrui can achieve large-scale production of vertically placed products
The Shengrui 8-speed automatic transmission won the first prize of National Science and Technology Progress Award in 2016, but when it comes to industrializing related technologies, funding is difficult to sustain. "Because every new transmission requires huge investment from research and development to mass production, from experimental equipment to the entire matching production line. As a private enterprise, the financial pressure is very high," said Sun Xiaoguang, Secretary of Shengrui Transmission Co., Ltd.
Once good results miss the window period, the billions of yuan invested in research and development in the early stage will be in vain. But Shengrui holds the core technology in the automotive industry chain, which has attracted the attention of the Provincial New Energy Fund Company.
Zhao Qi, the head of the Fund Management Department of Shandong New Energy Fund Company, said, "His 8AT automatic transmission technology filled the gap in China, so we also established a project fund with a total scale of 400 million yuan by actively innovating the operation mode of the project fund at that time
400 million yuan, jointly funded by the provincial, municipal, and district governments. In order to attract social capital to participate, Shandong also stipulates that the income generated by guiding fund investment shall be transferred to social investors according to policies. Under this policy stimulus, the project successfully attracted 1.4 billion yuan of social capital.
After the funds were in place, it provided great assistance for our subsequent new product research and development as well as the product transformation of the enterprise. We have newly developed a longitudinal 8-speed automatic transmission for commercial vehicles, light trucks, pickups, and large VANs, and the product has now entered the industrialization stage, "said Li Wenguan, Deputy General Manager of Shengrui Transmission Co., Ltd.
To promote the transformation of new technologies, it is even more important to ensure the successful implementation of projects. Shandong Haoxin's "High end Maintenance free Wheel End Integrated Intelligent Manufacturing Project" is a major project for the transformation of old and new kinetic energy in the province. With the support of a project fund of 300 million yuan, the enterprise has successfully launched a world-class production line.
Ding Peijin, Vice Chairman of Shandong Haoxin Group Co., Ltd., said, "This equipment production line costs about 700 million yuan, and the deposit is over 200 million yuan. Such a large amount of capital has caused difficulties for the enterprise in a short period of time
While strengthening and supplementing chains, the cultivation of chain owners is also accelerating. In May of this year, the Provincial New Energy Fund Company invested 700 million yuan to assist Weichai Power in tackling key core technologies of hydrogen fuel cells and building a globally leading national fuel cell technology innovation center.
Pan Fengwen, Deputy General Manager of Weichai New Energy Technology Company, said, "Now we are building our R&D platform and experimental center to lead this industry and lead it. Through the construction of our experimental center, we can mobilize a lot of resources from the upstream and downstream of our industrial chain, allowing them to accelerate their entry into our industry
At present, the Provincial New and Old Energy Conversion Fund has invested in 16 key industrial chains and 17 "chain owners" enterprises in Shandong's manufacturing industry. The investment amount of the fund is 3.2 billion yuan, driving social capital investment and financing to exceed 35.2 billion yuan, and promoting Shandong's manufacturing cluster to move towards the high-end of the global value chain.
