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SMM visited Hunan Hongwang New Material Technology Co., Ltd. The two sides had in-depth exchanges on the industrial landscape of silicon steel, the path of low-carbon transformation, and more.

iconMay 31, 2025 10:01
Source:SMM

SMM News on May 30:

To gain an in-depth understanding of the cutting-edge technologies and market trends in the high-end silicon steel sector, promote efficient collaboration among industry chain resources, and empower the green and intelligent upgrading of the power equipment industry, a delegation led by Xu De'an, Director of the Marketing Department, and Fan Cui, Director of the Motor Business Department, from SMM Information & Technology Co., Ltd. (SMM), visited Hunan Hongwang New Material Technology Co., Ltd. (hereinafter referred to as "Hunan Hongwang") on May 26. They were warmly received by Zhan Lugang, Deputy General Manager of Hunan Hongwang. Both sides engaged in in-depth discussions on the silicon steel industry landscape, intelligent manufacturing technology innovation, low-carbon transformation pathways, and strategic cooperation opportunities.

Focusing on the core track of silicon steel, intelligent manufacturing strength leads the transformation!

Against the backdrop of the explosive growth of new energy vehicles (NEVs), accelerated construction of ultra-high voltage power grids, and iterative upgrades of high-efficiency motors, the market has set extremely high requirements for the performance (high magnetic induction, low iron loss, ultra-thin specifications) and green intelligent manufacturing capabilities of silicon steel products. As a rising force in the domestic silicon steel sector, Hunan Hongwang has established an intelligent production site.

This visit and exchange have laid a solid foundation for future cooperation between the two sides and deepened mutual understanding and trust between SMM and Hunan Hongwang. As a platform connecting the upstream and downstream of the industry chain, SMM looks forward to deepening cooperation with outstanding local enterprises like Hunan Hongwang to jointly promote technological progress and market applications of silicon steel materials, contributing to the transformation and upgrading of China's high-end manufacturing industry.

Hunan Hongwang New Material Technology Co., Ltd.

Hunan Hongwang New Material Technology Co., Ltd.is the first high-end silicon steel project in the strategic layout of Hongwang Group. Established in 2021, as a key construction project for investment attraction in Hunan, it is located in the Louxing Industrial Development Zone, Loudi City.

Hongwang Holding Group Co., Ltd.is an enterprise group specializing in the production of cold-rolled stainless steel, silicon steel, and supporting finishing products. It ranks 442nd among the Top 500 Chinese Enterprises, 228th among the Top 500 Chinese Manufacturing Enterprises, 223rd among the Top 500 Chinese Private Enterprises, and 155th among the Top 500 Chinese Private Manufacturing Enterprises in 2024. The company has been awarded the title of "Advanced Enterprise in China's Stainless Steel Industry". Relevant subsidiaries are national high-tech enterprises, and the product brand has been honored with the title of "Well-Known Trademark in China", while product quality has been recognized with the title of "Quality and Integrity Trustworthy Unit".

Silicon steel, hailed as the "artwork" of the steel industry, is a key strategic material that promotes the upgrading and replacement of electrical products. The project covers an area of approximately 420 mu, with over 500 professional technical personnel. It mainly produces high magnetic induction grain-oriented silicon steel (HiB) and high-end silicon steel coils for new energy drive motors. The products are widely used in transformers, EVs, household appliances, industrial motors, construction machinery, power transmission and transformation, and other fields.

Against the backdrop of the national "dual carbon" strategy, in September 2021, Hongwang Holding Group signed a strategic cooperation agreement with Loudi Municipal Government and Lianyuan Iron & Steel Group to jointly build the largest "silicon" valley new material base in central China. Adhering to the principles of low carbon and green development, and aiming for high standards, high quality, and high efficiency, Hunan Hongwang is constructing a model intelligent manufacturing factory in the silicon steel sector with an annual production capacity of 960,000 mt, creating a silicon steel deep-processing industrial cluster, and radiating influence across central China.

Upholding the group's corporate mission of "focusing on green intelligent manufacturing and continuously creating value for customers," and adhering to the corporate vision of "realizing shared dreams," with "integrity, pragmatism, openness, and innovation" as its core values, Hunan Hongwang provides customers with high-quality products and excellent, stable services.


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