Changhong and Sichuan develop more funds to sign contracts to accelerate the development of industries such as military and civilian integration

Today, the Sichuan Provincial Industrial Development Investment Guidance Fund City and State Bank (Mianyang Station) military and civilian integration special event was held in Mianyang. Changhong and Sichuan Development's Tianfu Hongwei military-civilian integration industry development equity investment fund and other funds signed, involving an investment of more than 2.4 billion yuan, mainly for military and civilian integration of high-quality projects as the main investment, while other funds will be in the Internet of Things module Investment in projects such as power supply will further promote the development of Changhong related industries.

Changhong signs contracts with Sichuan Development Funds to accelerate the development of industries such as military and civilian integration

Prior to this, Sichuan Provincial Committee and the provincial government hosted the “2017 Chinese and Foreign Famous Enterprises Sichuan Line and Sichuan Military-civilian Integration Deep Development Special Promotion Conference”, Sichuan Development and China Science and Technology City Mianyang site signed four key projects, including Changhong Holdings 3 items. "This contract is the further implementation of the work in the first half of the year." The relevant person in charge of the Changhong Military-civilian Integration Development Center told the reporter. At the same time, he said that the support of the military and civilian integration industry development investment fund will help Changhong to open up the military and civilian integration of the upstream and downstream industry chain, and to expand and strengthen the military industry, and promote the rapid implementation of the transformation of military and civilian integration.

As a “standard enterprise” for the integration of military and civilian development in science and technology, Changhong’s military industry has formed an industrial chain layout covering radio/optical complete machines, supporting equipment, electronic components and electronic materials, etc., for China’s land, sea, air and sky. The Rocket Army and other military units and experimental bases provide a large number of weapons and supporting equipment. At the same time, Changhong has a number of technical achievements and transformation results in the field of military-to-civilian, civilian-involved military, military-civilian dual-use technology, and has completed the top-level design and strategic planning of military-civilian integration development.

It is understood that in terms of military transfer to the people, relying on Changhong Science and Technology Industrial Park and Changhong Smart Manufacturing Industrial Park, it mainly strengthens smart cities, high-performance power batteries, power systems and system integration solutions, intelligent security radars, and Internet of Things. Resource integration and core technology research and development, the introduction or construction of a number of high-end enterprises in the industry, the formation of a complete industrial chain and the realization of scale advantages. In terms of the People's Participation Army, Changhong is led by military products companies with complete qualifications and strong quality assurance capabilities, such as Changhong Electronic Technology Co., Ltd., and Changhong-related civilian products companies cooperate mainly on military refrigeration systems, ship information systems, and military simulation training. Industries such as systems and military handheld communication systems have strengthened resource integration and core technology research and development, and have achieved a unique position in this segment.

"Integrating internal and external resources and relying on the policy environment, Changhong will further accelerate the integration of military and civilian development, strengthen Sichuan Electronic Military Industry Group Co., Ltd., and build a large-scale military-civilian enterprise group with market competitiveness." The said person in charge said.

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