A Group of 21-meter Ultra-large Diameter Heavy-duty Vertical Lathe Equipment was Signed for at Iraeta.
On October 9, 2024, Iraeta and Guilin Hongcheng Precision Machinery Co., Ltd. held a signing ceremony for a group of 21-meter extra-large diameter heavy-duty vertical lathe equipment.

At the signing ceremony, Niu Yugang, the Chairman of Iraeta, stated, "We are full of anticipation for the cooperation with Guilin Hongcheng Precision Machinery Co., Ltd. The overall ultra-large key core forging parts project is an important layout for Iraeta's future development. We hope that through the joint efforts of both parties, we can contribute more new forms of productive forces to the high-quality development of clean energy and high-end refining and chemical industries in our country."

Rong Beiguo, the vice - chairman of Guilin Hongcheng Precision Machinery Co., Ltd., said, "Establishing a cooperative relationship with Iraeta is a significant breakthrough for Guilin Hongcheng Precision Machinery in the field of high - end equipment manufacturing. Hongcheng Precision Machinery promises to complete the equipment delivery on schedule and with high quality. We look forward to working with Iraeta to contribute more to the development of China's high - end equipment manufacturing industry."
This signing ceremony marks yet another significant milestone in the construction of Iraeta's overall ultra-large key core forging parts project. The project involves the construction of new buildings with a floor area of over 60,000 square meters. It is expected to achieve an annual supply capacity of 120,000 tons of integrated ultra-large ring forgings, cylinder forgings and other products. This will further enhance Iraeta's independent manufacturing capabilities for key components in energy sectors such as nuclear power, wind power, hydropower, and high-end refining and chemical industries. It will also increase the technological content of products and their market competitiveness, thus contributing more to China's green energy industry.
The construction site of the overall ultra-large key core forging parts project
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