On August 26, 2010, another batch of engine gear of Panzhihua Runying Gear Co., Ltd. was sent to Mitsubishi Corporation of Japan. “We have worked closely with Jiangsu Jinhu Group to bring the vanadium-titanium engine gear unique to Panzhihua into the international market.†The company’s official told reporters that currently Runying supplies Mitsubishi each year with high-strength and high wear resistance. 40,000 engine gears.
In recent years, while Panzhihua City has accelerated the comprehensive utilization of vanadium and titanium resources and extended the vanadium and titanium industrial chain, it has continuously transformed, upgraded and extended the traditional steel industry. The city's mechanical processing industry, which uses vanadium and titanium steel as its raw material, is booming. In February 2010, the city was listed by the state as a demonstration base for the new industrialization of steel (vanadium-titanium).
The Runying Gear Company, which was transformed from a municipal state-owned enterprise into a private enterprise, is a supplier to domestic famous engine manufacturers such as Yunnei Power and Yuchai Power. In 2006, Runying successfully entered the supply procurement chain of Mitsubishi of Japan through cooperation with Jiangsu Jinhu Group.
In the Nanshan Circular Economy Development Park in Renhe District, the reporter saw the early stage of the overall relocation and construction of Runying Gear invested 100 million yuan. The person in charge of the company said: “Runying will implement 3 million vanadium-titanium automotive gears here and 30 The 10,000-piece car flywheel assembly has been transformed into a technological upgrading project."
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