Technical transformation and capacity expansion, and strive to build enterprises. "Introducing new technology, purchasing new equipment and hiring new talents" is the core of technological transformation and capacity expansion in Xingqiao Town. King Kong Star Gear Factory is an old enterprise in this town. Due to insufficient investment and sluggish market, only 1.5 million yuan was generated in 2004. At the end of 2005, Xingqiao Town relied on high-quality services and preferential policies to encourage enterprises to move to new industrial parks and become bigger and stronger. In April 2006, around the "Three Innovations", the industrial concentration area invested 50 million yuan, which was completed and put into operation that year. In the same year, the enterprise invested100000 yuan to newly install the most advanced fully computer-controlled carburizing and quenching equipment in China. Now the enterprise has achieved an annual output value of 654.38+0.2 billion yuan, with profits and taxes of more than 3 million yuan. There are 15 enterprises in xingqiao town, with a total investment of 620 million yuan.
Invest big and rely on strong, with the help of external advantages. While expanding and strengthening the existing enterprises, Xingqiao has carried out knocking on doors to attract investment, actively "climbing big and attaching to foreign countries" and "marrying" with 10 national top 500 enterprises and well-known enterprises, so as to accumulate strength for Xingqiao's main business. China Chunlei Group, one of the top 500 enterprises in China, negotiated a malt project of 65.438+0.5 million tons, with an investment of 65.438+0.5 billion yuan, and started construction of 654.38+0. 1.00 in June. Liang, president of "Double-sided Needle" Group, visited the town for many times and reached an intention agreement with Xingqiao Town to invest 200 million yuan to build a Chinese herbal medicine purification project in the town. Xingqiao Town also negotiated with chongqing lifan Group on the production of electric vehicles through commercial investment. Seizing the strategic opportunity of international globalization, Xingqiao Town has made new breakthroughs in all-round packaging, high-density investment attraction and utilization of foreign capital year after year. Xingqiao Town has five Sino-foreign joint ventures and wholly foreign-owned enterprises, including Bird Clothing and Longyang Clothing.