In addition to the vigorous development of foreign trade business, the processing business module of Xinyue group is also developing steadily, including galvanized processing module and thermal insulation processing module.

At the beginning of 2021, Xinyue’s leadership invested in the new galvanizing anti-corrosion processing plant and thermal insulation plant. At present, the new plant has passed through the initial stage of operation rapidly and has entered a stable growth period.

Among them, the galvanized anti-corrosion processing plant under Xinyue group is located at No. 6, 10 billion road, with an area of 16000 ㎡. All the galvanized production lines are built, mainly for ring-lock scaffolding galvanized, with a daily output of about 280 tons and a total sales value of about 19 million yuan in the first half of the year.

Thermal insulation factory also gets attention. The factory is located in the new industrial park of Daqiuzhuang, Jinghai District, Tianjin city, covering an area of 66666 ㎡, with a registered capital of 156.8 million yuan and fixed assets investment of 110 million yuan. The company has advanced production equipment and production technology, and currently can produce products including environmental protection fluorine-free polyurethane directly buried insulation pipe, electric preheating direct buried insulation pipe without compensation, steel clad steel composite steam insulation pipe, steel clad steel steam insulation pipe, polyethylene outer sheath, PE water supply pipe and insulation pipe fittings. In the first half of the year, the output reached about 48000 meters, and the total sales value was about 41 million yuan.

Diversified development is a necessary condition for the growth of an enterprise, and it is also an inevitable stage in the process of enterprise growth. In recent years, Xinyue is committed to developing a diversified business model. Based on the fields it is good at and proficient in, Xinyue has found a suitable development path on its “extension line”, which can not only provide better and more comprehensive services for customers, but it also can promote the sustainable development of processing module.