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BQD | Policies Delivered, Research Empowers: Using the Power of Rule of Law to Foster High-Quality Enterprise Development

2025.05.21
Company News

On May 20th, Xie Honghui, Member of the Standing Committee of the Fenghua District Committee and Minister of the United Front Work Department, along with his delegation, visited BQD. They presented the company with a copy of the Private Economy Promotion Law of the People's Republic of China and engaged in in-depth discussions regarding policy implementation and enterprise development.

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The delegation first conducted a thorough inspection of the workshop and held an on-site research symposium there. Minister Xie expressed his hope that the company, as a specialized, refined, distinctive, and innovative "Little Giant" enterprise, would continue leveraging its unique advantages in specialization, refinement, differentiation, and innovation. He emphasized using the implementation of the Private Economy Promotion Law as an opportunity to drive collaborative innovation across the upstream and downstream supply chain, relying on the industry influence of a "Little Giant" enterprise. This effort aims to build an ecosystem for the permanent magnet materials industry and contribute to creating an internationally competitive advanced manufacturing cluster.

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With the formal implementation of the Private Economy Promotion Law, we deeply appreciate the strategic resolve of the Party Central Committee in supporting the development of the private economy. This law provides a solid institutional guarantee for the transformation and upgrading of our industry. Our company consistently regards technological innovation as the core driving force, comprehensively advancing technological innovation and energy efficiency upgrades in the permanent magnet materials manufacturing sector. We are accelerating the leapfrog transition from traditional production models towards a "high-quality, high-efficiency" development path.Through the deep integration of digital empowerment and green manufacturing technologies, our company will continue to inject developmental momentum into the intelligent transformation and low-carbon transition of the permanent magnet materials industry. We are committed to helping the industry build a modern industrial system and write a new chapter in high-quality development.

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