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Huayou Cobalt: "Three Leading" Drives the Company to Achieve A Sea Change and Leap in Benefit Per Mu

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Media Report
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Source:
Zhejiang Huayou Cobalt Industry Co., Ltd.
2021/07/12 10:18
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Recently, the provincial leading group for deepening the reform of "benefit per mu justifying the means" released the list of top runners by benefit per mu in different fields and industries in 2020. In the northeast sector consisting of 28 provincial development zones of 5 cities including Hangzhou, Ningbo, Huzhou, Jiaxing and Shaoxing, Tongxiang Economic Development Zone ranks first.

The reform of "benefit per mu justifying the means" is an important practice to implement the theory of "vacating the cage for better birds" and the "nirvana of the phoenix". The key word "benefit per mu" is becoming a standard to measure the quality of economic development in Zhejiang. So, as local development zones attach more importance to the benefit per mu, how can Tongxiang Economic Development Zone lead the many other provincial development zones in the province?

"In recent years, we have continuously strengthened the concept of 'benefit per mu justifying the means', encouraging enterprises to take the path of high-quality development to improve their input and output efficiency." The principal responsible person of the Tongxiang Economic Development Zone indicated that nowadays, it is becoming the common choice of more and more enterprises to improve "benefit per mu" through innovation. With quality and efficiency as its standard, the "benefit per mu standard" is becoming the "baton" and "weather vane", leading the transformation and upgrading of Tongxiang Economic Development Zone.

 

Leading Technology + Leading Cost + Leading Management Drives the Benefit Per Mu of Enterprises to Achieve a Sea Change 

During the "13th Five-Year Plan" period, Zhejiang Huayou Cobalt Co., Ltd., located in Tongxiang Economic Development Zone, handed over a very great transcript in improving the benefit per mu. The output value per mu increased from 15 million yuan in 2016 to 25 million yuan in 2020, with the tax revenue per mu increasing from 650,000 yuan in 2016 to more than 1 million yuan in 2020. When the benefit per mu has been greatly improved, the energy consumption level has been significantly reduced, with the energy consumption per ton of cobalt products reducing by nearly 20%.

 

 

"Innovation has made Huayou Cobalt become a leading company in technology, cost and management among its national and global peers, which finally helps to promote to improve benefit per mu and truly achieve high-quality development." As for the "secret" for the sea change in benefit per mu, Zhang Jianhong, assistant to the president of Zhejiang Huayou Cobalt Co., Ltd., made such an accurate summary.

 

 

Innovation leads enterprises to climb new heights. Last year, Zhejiang Huayou Cobalt Co., Ltd. held the first science and technology conference, in which it clarified to implement the "330 Plan", i.e., investing 3 billion yuan in R&D and innovation in three years. Relying on the Enterprise Research Institute for Lithium Battery Materials Innovation, Huayou Cobalt will continuously accelerate the introduction and cultivation of leading talents in science and technology and the development of new products, and put forth effort to build a high-end innovation chain in the lithium battery material industry to become a global leader in lithium battery materials.

 

 

As an enterprise focusing on R&D, production and sales of electric meters, Zhejiang Yongtailong Electronic Co., Ltd. regards innovation as the "primary driving force" to lead high-quality development. It has developed and designed the payment management system for house renting, intelligent management system for the safe utilization of electricity and intelligent street lamp information management system, making the traditional electric meters more "digital". Last year, the output value per mu of the enterprise has exceeded 9 million yuan, with the tax revenue per mu exceeding 700,000 yuan.

 

Building a higher level of the advanced manufacturing cluster, and creating a model of high-quality development of industrial economy 

In recent years, Tongxiang Economic Development Zone has unswervingly focused on the real economy with advanced manufacturing industry as its core, and pushed forward the reform of "benefit per mu justifying the means" in depth, continuously enlarging the total economic output, while further improving the benefit per mu. During the "13th Five-Year Plan" period, Tongxiang Economic Development Zone has witnessed rapid growth for key economic indicators, including fixed asset investment, total industrial output value and tax revenue.

 

 

The quality of the project decides the quality of development. Tongxiang Economic Development Zone, closely focusing on three leading industries, the digital economy, cutting-edge materials and high-end equipment manufacturing industry centered on automobiles and spare parts, strenghtens the "chain of thinking" for economic development and makes the industrial chain bigger, the innovation chain stronger and the value chain deeper. It vigorously forms the industrial layout of "one zone, four parks and six towns", and accelerates the construction of four parks including Intelligent Equipment Industrial Park, Cutting-edge Materials Industry Ecological Park (China-Korea International Cooperation Industrial Park), New City of High-speed Railway Industry, and Gaoqiao Agricultural Science and Technology Industrial Park, and six towns including Digital Economy Town, Tongxiang Science and Technology Innovation Center, Intelligent Manufacturing Town for New Energy Vehicle, Wangu Scientific and Technological Innovation Town, Visual IOT Town and Fuchun Aviation Town, to unswervingly bulid a main platform for Tongxiang's industrial cluster, become the main battlefield of Tongxiang's transformation and upgrading and act as the main engine for Tongxiang leading innovation, providing stronger support for Jiaxing's leaping development.

For the "14th Five-Year Plan", Tongxiang Economic Development Zone has a greater ideal. "During the '14th Five-Year Plan' period, we should endeavor to achieve the goal of doubling the volume of key indicators, including fixed asset investment, total industrial output value and tax revenue." The main responsible person of Tongxiang Economic Development Zone said that by 2023, the industrial output value of the Zone will exceed 100 billion yuan, and the tax revenue per mu of enterprises above the designated scale will increase steadily. They will speed up the creation of a model for high-quality development of industrial economy and build a higher level of "advanced manufacturing cluster zones, innovation-driven demonstration zones and new city zones of city-industry integration.

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