Recently, in the "Research Report on the Top 500 Manufacturing Enterprises in Guangdong in 2024" jointly released by the Guangdong Manufacturing Association, the Institute of Industrial Economics of Jinan University and the Guangdong Institute of Development and Reform,MECOM International New Material Technology (Guangdong) Company Limited(referred to as "MECOM New Material") was successfully selected and ranked 461st. The Top 500 manufacturing enterprises in Guangdong Province are the leaders of the manufacturing industry above designated size in the province, driving the development of the entire industry and the industrial chain, and are the main force for the stabilization and sustainable development of the manufacturing industry and regional economy in the province.

As a subsidiary company of MECOM Power and Construction Limited (HKEX code: 01183.HK, MECOM Power), MECOM New Material has been committed to the development and production of new building materials since its establishment. The company purchased industrial land in Xinhui District, Jiangmen, Guangdong, and built a large-scale industrial park for new building materials. The total investment of the project is about 1 billion yuan, the planned land area is 200 mu, and the first phase is 100 mu. It took only one and a half years from project planning to design, construction, and then completion and opening. From the initial investment intention to the completion and opening of the factory, it took about 2 years and 9 months. On January 18, 2024, the MECOM plant was officially commissioned and demonstrated strong production capacity, achieving nearly $1 billion in revenue in less than a year.

MECOM New Material focuses on the prefabricated construction of steel structures as its core business, has a series of advanced production lines and automation equipment, and produces more than 50,000 tons of steel structure products annually. The company not only provides various types of steel processing and sales, but also covers a full range of technical services, technical development, technical consulting and other services to meet the diversified needs of customers. MECOM New Material has a complete set of advanced welding "H" steel production line, CNC automatic cutting machine, mesh and special-shaped steel structure intersecting line cutting machine, box beam complete production line, as well as domestic advanced "3W" laser machine, welding robot and other equipment, to ensure the high quality and production efficiency of products. MECOM New Material has a wide range of product lines, including construction steel structure, bridge steel structure, curtain wall finished production of iconic steel structure, offshore platform, light steel small house, exhaust environmental protection equipment and other steel structure processing, providing high-quality building materials for domestic and foreign markets.

The company has introduced domestic leading automation equipment and intelligent information management system, and built a visual production workshop of 18,000 square meters of intelligent steel bars, which can be fully 24-hour CCTV video surveillance. The workshop can produce stirrup, beam bars, steel cage, welding mesh, shaped bars and other types of building molding steel products, with an annual steel processing capacity of 500,000 tons, can produce stirrup, beam bars, steel cage, welding mesh, shaped bars and other types of building molding steel products, to provide users with rebar sample, actuarial, construction control, bunching and other one-stop services.

In terms of raw Material supply, MECOM New Material has established a solid cooperative relationship with many famous domestic steel enterprises such as Zhongnan Iron and Steel, Liuzhou Iron and Steel, Jinxi Iron and Steel, Maanshan Iron and Steel, Hanye Iron and Steel, Baowu Iron and Steel. These collaborations not only guarantee the high quality supply of raw materials, but also provide a strong guarantee for the continued development of MECOM New Material. At the same time, the company also cooperates with major well-known universities to increase scientific and technological research and development efforts to promote technological innovation. The research and development building with an investment of 10 million yuan and the cooperation with the National Research Center of Civil Structure Prefabrication Engineering Technology of Tongji University have jointly promoted the research and development and application of new technology of building assembly.

MECOM New Material has always adhered to the enterprise spirit of "integrity management, innovation and development, focus on transcendence, win-win sharing", and its mission is to "let the world use 'Made in China' external standard steel". Looking forward to the future, the company will continue to take root in Jiangmen, give play to its own advantages, drive sustainable development with innovation, actively promote the process of green building and intelligence, and contribute more to the local economic development.