Koito Group makes a significant breakthrough in entering the CNPC market by winning a contract for equipment supply for a petrochemical integration project in Guangdong

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Recently, Guangzhong Group, a subsidiary of Guangzhi Group, won a contract from China Global Engineering Corporation for the manufacture of 20 pressure vessels. These devices will be used in the petroleum coke hydrogenation unit of the 20 million tons per year heavy oil processing project as part of the Sino-Venezuelan Guangdong petrochemical integration project. This is the first time in nearly 15 years that Guangzhong Group has collaborated with one of CNPC’s largest petrochemical engineering companies, marking a significant breakthrough for Guangzhong Group in entering the CNPC market. The total investment in the construction of the Sino-Venezuelan Guangdong Petrochemical Integration Project is 65.4 billion yuan. The project is located in the Dananhai Petrochemical Industrial Zone in Jieyang City, Guangdong Province, covering an area of 953 hectares. Its production capacity will be 20 million tons of oil per year, 2.6 million tons of aromatics, and 1.2 million tons of ethylene per year. Once the project is put into operation, it will play a significant role in facilitating the transformation and upgrading of China National Petroleum Corporation’s refining and chemical industry. It will also help Guangdong implement its development strategy of \"one core, one belt, and one area,\" promote the construction of a modern coastal economic zone in the province, and enhance the balance and coordination of regional development. In recent years, Guangzhong Group has seized the development opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area, made full use of the advantages of its port-based facilities for maritime transportation, and actively expanded its business in the manufacturing of ultra-large and extra-heavy thick-walled containers. Last year, it participated in the construction of large-scale projects such as the Zhongke Refining and Chemical project, and the equipment it manufactured set three new historical records for Guangzhong Group. This successful partnership with China Global Engineering Company marks the first time since Guangzhou Heavy Industry Group moved to its Zhongcun facility that it has entered the CNPC market. This will help enhance Guangzhou Heavy Industry Group’s influence and reputation in the petrochemical industry, further pushing the group toward becoming a well-known domestic manufacturer of heavy machinery. Guangzhong Group will go all out to meet high standards and strict requirements in order to produce high-quality equipment as per the orders received. It will actively push forward the production and construction of this project, striving for excellence in terms of both timeline and quality. With an enterprise spirit rooted in hard work and innovation, the group aims to achieve new successes and contribute its part to the development of the Guangdong-Hong Kong-Macao Greater Bay Area. Guangzhou Guangzhong Enterprise Group is a **high-tech enterprise, an innovative enterprise in Guangzhou, and a benchmark enterprise for independent innovation in Guangdong Province. It has an enterprise technology center recognized by Guangdong Province, the Guangdong Heavy Machinery (Guangzhong) Engineering Technology Research Center, and a key engineering technology research and development center in Guangzhou. Guangzhong boasts strong technical capabilities, advanced manufacturing equipment, and sophisticated testing methods. It is one of the first enterprises in China to obtain the A1 and A2 design and manufacturing licenses issued by the Ministry of Labor and the Ministry of Machinery Industry. It is also one of the A-grade boiler manufacturing enterprises recognized by the General Administration of Quality Supervision, Inspection and Quarantine. Koju was one of the first domestic companies to obtain the U, PP, U2, and S steel stamps issued by ASME in the United States, as well as the license for manufacturing marine cast and forged parts issued by the Lloyd’s Register in the UK. Kojuo places great emphasis on product quality, and the company obtained ISO9001 and ISO9002 quality management system certification in the 1990s. It possesses the capability for comprehensive development of large-scale equipment, and has developed a large number of major technical equipment products with independent intellectual property rights. Guangzhou Guangzhong Enterprise Group Co., Ltd. (formerly Guangzhou Heavy Machinery Factory, hereinafter referred to as “Guangzhong”) is a state-owned wholly-owned enterprise with a history of over sixty years, and it is under the jurisdiction of Guangzhou Intelligent Equipment Industry Group Co., Ltd. Kojo was once a key enterprise under the **Ministry of Machinery Industry; it is one of the \"Top 100 Enterprises\" in the machinery industry sector. It is also one of the largest and most capable manufacturers of steam turbines, generators, heavy machinery, boilers, and large pressure vessels in South China and even in Southeast Asia. It is worth mentioning that the Koei Group is now divided into three major industrial bases. The first is the Hiroshige Kōmura base. Covering an area of 200,000 square meters, it is focused on the design and manufacturing of complete sets of energy generation equipment and environmental protection equipment. It mainly produces boilers, pressure vessels, steam turbines, generators, separators, specialized mechanical equipment, as well as complete sets of equipment for cogeneration, biomass power generation, and waste incineration power generation. The second is the Guangda Major Jobs Port Base. This base is a key project in Guangzhou, covering a total area of 420,000 square meters, of which Guangzhou Heavy Machinery occupies 100,000 square meters. The construction is expected to cost 350 million yuan. The facility features a 1,500-ton port-style quay for internal use and a single crane with a lifting capacity of 300 tons. Upon completion, the project will become the most influential manufacturing base in South China for heavy-duty thick-walled containers, large-scale tower structures and other oversized pressure vessels, as well as large-scale tunneling equipment. Third is the Kojiro Nakayama base. Covering an area of 90,000 square meters, it is the group’s large-scale casting and forging production base. The facility is equipped with advanced testing equipment and is capable of producing various types of castings made from carbon steel, alloy steel, stainless steel, gray iron, ductile iron, and alloy cast iron. The maximum weight of a single casting can reach 200 tons. It also has its own 500-ton shipyard, along with convenient access by road and water. The Guangzhou Heavy Machinery Lingang Base project is an important part of Guangzhi Group’s development strategy. It is also a key construction project in Guangzhou in 2018, as well as a project of strategic importance for Nansha District. The total investment in the project is approximately 340 million yuan, of which nearly 300 million yuan is allocated to fixed asset investments, while about 50 million yuan is set aside as working capital. It is expected that once the project is operational, it will generate annual sales revenue of around 700 million yuan and an annual profit of nearly 100 million yuan. Once completed, the Guangzhou Heavy Machinery Port Base will become a premier manufacturing hub in China, and the most influential one in South China, for heavy-duty thick-walled containers, large-scale tower structures and other oversized pressure vessels, as well as large-scale tunneling equipment.