Jiangsu Beichen Hubang Electric Power Co., Ltd. In order to better respond to the market situation, vigorously invest in silicon steel production projects, as the upstream product of transformers, silicon steel production and manufacturing project Silicon steel production and manufacturing project will be completed in two phases, the of the project will be in March 2022 trial production, can achieve an annual output of 25,000 tons of silicon steel, the second phase of the project will cooperate with Wisco to develop more high-end brands. By then, the silicon steel production capacity will reach 80,000 tons. After the full volume of the project, Hubang Power will achieve annual sales of 800 million yuan, the scale of the transformer industry will achieve a larger volume, and the high-quality development of the manufacturing industry will achieve a stronger competitive advantage.