Shanxi Daily: Telling Shanxi’s Stories | Pengfei Hydrogen Energy: Pursuing Innovation and Quality

Release Date:

2024-03-22

On March 22, the Shanxi Daily client reposted an article from the Lüliang Daily titled “Seeking ‘Quality’ in the New, Embracing Spring.” The piece reported on a symposium and project‑advancement meeting held on March 12 at Pengfei’s headquarters, where discussions centered on how Lüliang’s private sector can play a pivotal role in accelerating the development of new‑type productive forces amid the latest wave of technological revolution and industrial transformation. The article detailed Pengfei Group’s approach—focusing on new‑type productivity, adopting an open mindset and a forward‑looking vision, and proactively pursuing innovation and change.

Excerpted content as follows:

The private sector is a vital driving force behind China’s path to modernization, and private enterprises are a key engine of scientific and technological innovation. Such innovation gives rise to new industries, new business models, and new growth drivers, serving as a core component of developing a new quality of productive forces. Following the conclusion of the National Two Sessions, “how to advance the development of this new quality of productive forces” has become a hot topic of discussion among private entrepreneurs in Lüliang City.

In the face of a new round of scientific and technological revolution and industrial transformation, how can Lüliang’s private sector play a pivotal role in accelerating the development of new‑type productive forces? At the recently held symposium on optimizing the business environment for private enterprise and advancing key projects in Lüliang, private entrepreneurs from diverse sectors spoke candidly, drawing on practical experience to share their insights, articulate their needs, outline concrete measures, articulate their visions, and put forward constructive recommendations. Filled with confidence and eager to seize opportunities, they are striving to pursue “quality” through “newness.”

Zheng Zihao, Vice President of Shanxi Pengfei Group, stated: “At Shanxi Pengfei Group, we adhere to the principle that ‘national strategy is our paramount strategy.’ While continuing to deepen our expertise in the traditional energy sector, we are vigorously advancing the development of a modern industrial system, accelerating the growth of the hydrogen energy industry, and building an integrated hydrogen‑energy value chain encompassing production, storage, transportation, and equipment manufacturing. Focusing on new‑type productive forces, we proactively embrace innovation and transformation, bolstering new drivers of growth. With a strong emphasis on the digital transformation of manufacturing, we are committed to establishing a world‑class computing‑power center, thus forging a distinctive Pengfei path for the digital transformation and sustainable development of the manufacturing sector.”

The hydrogen energy industry is undoubtedly an industrial system that aligns with the new‑type productive forces. Relevant national authorities are actively working to elevate hydrogen energy to a national energy strategy, while provinces and cities across the country have increasingly adopted the development of the hydrogen economy as a key lever for cultivating emerging industries and driving structural transformation and upgrading. “Lüliang possesses a unique, nationwide advantage: low hydrogen‑use costs,” said Wu Weihong, Director of the Finance and State‑Owned Assets Bureau of the Lüliang Economic Development Zone.

Competing to thrive and embracing the spring. Ren Hongzhong, Director of the Lüliang Municipal SME Service Center, stated: “Through this symposium and the advancement of these projects, we can see the Lüliang municipal government’s deep concern for and strong commitment to the development of the private sector; we can observe the confidence and determination of Lüliang’s private entrepreneurs in shaping the future; and we can discern the promising prospects and tangible benefits of fostering new‑type productive forces and driving industrial economic growth in Lüliang. We hope that all private entrepreneurs will seize the overarching trends of our times, proactively embrace the digital economy, foster seamless connectivity across the value chain, turn crises into opportunities, and create new pathways amid changing circumstances—accelerating the development of new‑type productive forces and writing a new chapter of high‑quality growth for the city’s private sector!”