wanhua(SH:600309) Qi Lu Wan Bao Wang·2025-10-25 05:17Core Insights - Yantai's industrial economy has significantly improved during the "14th Five-Year Plan" period, with a focus on high-quality development and advanced manufacturing as the backbone of the modern industrial system [1] Industrial Development - In 2024, the city's industrial output value is projected to reach 1,111.7 billion yuan, a 42.7% increase from 2020, with total profits of 67.31 billion yuan, up 32.3% from 2020 [1] - From 2021 to 2024, the city's industrial added value has achieved an average double-digit growth annually, with a 13.9% increase in the first nine months of this year, surpassing national and provincial growth rates [1] Industrial Chain Enhancement - Since the implementation of the "chain leader system," 1,899 projects have been executed to strengthen the industrial chain, with a total investment of 487.2 billion yuan [2] - Major projects such as the Yulong Island refining and chemical integration and Wanhu New Materials low-carbon industrial park have been completed [2] Innovation Capacity - The city has established 6 national industrial design centers and 7 provincial manufacturing innovation centers, along with 262 provincial "one enterprise, one technology" R&D centers [3] - A total of 732 technology innovation projects have been implemented, resulting in 974 new technologies and 865 new products [3] Corporate Strength - By 2024, the output value of doubling enterprises is expected to grow by 40% compared to 2021, contributing nearly 70% of the city's industrial output [4] - The number of high-quality enterprises has surpassed 4,000, including 136 "specialized, refined, distinctive, and innovative" enterprises [4] Digital Transformation - The city has initiated 100 key technological transformation projects annually, achieving recognition as a national pilot city for new manufacturing technology transformation [4] - The digital economy promotion regulations have been implemented, with 23,000 5G base stations established, achieving a 76% penetration rate of 5G users [4] Green and Low-Carbon Development - The city has introduced a carbon peak work plan for the industrial sector and established the first green manufacturing association in the province [5] - A total of 88 provincial-level green factories and 19 green supply chain management enterprises have been cultivated [5]