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400 Million Yuan Investment! The Intelligent Steel Bar Processing Factory Has Begun Construction!

Aug 25, 2025

Recently, a project for the research and production of intelligent numerical control steel bar processing equipment with a total investment of 400 million yuan has been officially launched in Shiqiao Town of Taibai Lake Provincial Tourist Resort in Jining. This move not only indicates that Jining is further deepening its efforts in the manufacturing sector, but also signifies the optimization and transformation of urban land utilization, bringing new growth points to regional economic development.

 

This project is meticulously developed by Shandong Zhongji Luyuan Machinery Co., Ltd. It is located in a prime area along Hengyi Road to the south, Jieshi Road to the west, and Jining Avenue to the north. The total area of the project is approximately 2.87 hectares (28,712 square meters). This former residential land has now undergone a transformation and is now planned as industrial land, carrying the expectations for Jining's manufacturing industry to reach new heights. According to the plan, the project will construct a total assembly workshop, multi-functional production workshop, research and development center, office building, and comprehensive exhibition hall, among other modern facilities, with a total construction area of 19,166.43 square meters. At the same time, the enterprise will purchase over 200 sets of advanced production equipment such as laser cutting machines, machining centers, CNC lock presses, through-type shot blasting machines, and research and development 3D scanners and pressure machines, and will build 5 digital new assembly lines to form a highly intelligent and modern production base.

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Such a large-scale investment is bound to bring substantial returns. Once the project is completed and reaches its full capacity, it will possess strong production capabilities. It is expected to produce 300 sets of CNC steel bar bending frames, 260 sets of CNC steel bar cage rolling welders, and 500 sets of CNC steel bar bending centers and other construction machinery equipment annually. This will not only meet the huge demand for steel bar processing equipment in domestic infrastructure construction, but also help Jining manufacturing enter the international market and enhance Jining's influence in the global manufacturing sector.

 

From the perspective of land utilization, this transformation of residential land to industrial land is an important decision made by Jining City based on its own development strategy. With the adjustment of the city's industrial structure, the demand for land resources by industrial development is increasing day by day. Converting idle or inefficiently utilized residential land into industrial land not only improves land utilization efficiency but also creates space for the development of manufacturing industries, achieving the optimal allocation of land resources. At the same time, the infrastructure and transportation conditions around the project have also provided convenience for its development. The Meijianyuan community on the west side and the farmland on the east side not only provide relatively spacious development space for the project but also reserve potential for future industrial support and living services.

 

In terms of financial support, Shandong Zhongji Luyuan Machinery Co., Ltd. will self-fund 400 million yuan. Among this, 26 million yuan will be used for infrastructure investment to ensure the smooth progress of the project construction. Currently, the project has officially started in August 2025 and is scheduled to be completed in September 2026, with a 14-month intense construction period. This period of construction will witness the transformation of this land, and a modern intelligent CNC steel bar processing equipment production base is about to rise from the ground.

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The implementation of this project holds significant importance for Jining City. It not only creates a large number of job opportunities for the local area, ranging from production line workers to technical personnel in the research and development center, as well as management and sales teams, but also benefits from the development of the project. At the same time, the operation of the project will also drive the coordinated development of the upstream and downstream industrial chains. From raw material supply to product sales, from equipment maintenance to technical services, a series of related industries will thrive on the land of Jining, forming a complete industrial ecosystem.

 

In the future, with the completion and commissioning of the intelligent CNC steel bar processing equipment research and production project, Jining's manufacturing industry will usher in a new era of rapid growth. On this vibrant land, technological innovation and industrial upgrading will complement each other, injecting continuous impetus into the city's economic development and writing a new chapter in the development of Jining's manufacturing industry.