On April 24th, the stainless steel pipe and fittings project of Huayan Material Technology Co., Ltd., a wholly-owned subsidiary of Jiangsu Baodi Pipe Industry Co., Ltd., was grandly started in the national-level Tongzhou Bay River-Sea Linkage Development Zone. Member of the Party Working Committee and Management Committee of Tongzhou Bay Demonstration Zone Deputy Director Qian Jin and other leaders of the park, as well as Chairman of Baodi Management, Mr. Zhang Shenghua, attended the project commencement ceremony.

The Huayan stainless steel pipe and fittings project is invested and constructed by Jiangsu Huayan Material Technology Co., Ltd. The project is located on the west side of Fuhai Road and the north side of Xijiang Road, the new comprehensive industrial park of Tongzhou Bay River-Sea Linkage Development Demonstration Zone. The total land area is about 70 acres and the total building With an area of approximately 55,000 square meters, it is mainly engaged in the research and development, production and sales of seamless stainless steel pipes and fittings. The project is scheduled to start in April 2021 and be completed in July 2022. It is estimated that the annual sales will exceed 500 million yuan and the annual tax will be about 18 million yuan.

Huayan Material Technology was born out of Jiangsu Baodi Pipe Industry Co., Ltd., which is a professional stainless steel pipe fitting manufacturer integrating R&D, design, manufacturing and service. At present, Jiangsu Baodi has established close cooperative relations with water affairs groups in major domestic cities such as Shenzhen, Wuhan, Changsha, and Nanchang. It is a long-term partner with state-owned enterprises with special qualifications such as China State Construction Group and China Railway Group. The company's projects have spread all over China.

Huayan Material Technology Co., Ltd. will start with the corporate culture, management model and market resources of Baodi Pipe Industry, and build an intelligent, automated, green and modern standard manufacturing base in Tongzhou Bay. The grand opening of Huayan Material Technology Co., Ltd. will promote the transformation and upgrading of the company's industrial chain, consolidate the dominant position of Baodi Pipe Industry in the stainless steel pipe industry, further expand the production capacity and product range of Baodi Pipe Industry, and better serve domestic and foreign customers. Huayan Material Technology will also become a beautiful business card for the physical manufacturing industry in Tongzhou Bay New Area.