Xiangyu Baoyuan (Xuzhou) Intelligent Manufacturing Co., Ltd. was established in October 2021 with a registered capital of 100 million yuan. The shareholder is Xiangyu (Zhangjiagang) Co., LTD., which is a subsidiary of Xiamen Xiangyu Co., LTD. (Stock code: 600057), a Fortune Global 500 company. The company is located in the high-end equipment and intelligent manufacturing industrial park, Liuquan Town, Tongshan District, Xuzhou City, covering an area of 400 acres, planning to build 200,000 square meters of plant, the total investment is expected to be 6.2 billion yuan, completed in three phases, is the construction of construction machinery key structural parts, automotive core parts, track special steel heat treatment and other multi-functional industrial base. The company has the production capacity of product blanking, welding, machining, parts painting, assembly, commissioning, machine painting and other whole processes. The company added laser cutting machine, welding robot, CNC machining center and other high-tech equipment, new automatic coating line and assembly line, automated logistics, warehousing equipment, information system management equipment, fully realize the automation of production and manufacturing, information, digital. Xiangyu Baoyuan is a people-oriented, science and technology first, quality first, service-oriented modern intelligent manufacturing enterprises.