The groundbreaking ceremony for a key project jointly undertaken by Pengfei in the preservation and development of Xiaoyi’s old urban district was successfully held.

On May 15, the groundbreaking ceremony for a key project jointly undertaken by Pengfei in the protection and development of Xiaoyi’s old urban district was solemnly held in the Nanshaomen area of the Phase I pilot zone.

Liu Shiqing, Vice Chairman of the Standing Committee of the Lüliang Municipal People’s Congress and Secretary of the Xiaoyi Municipal Party Committee; Guo Qingzhi, Deputy Secretary of the Xiaoyi Municipal Party Committee and Mayor; Li Xiaochun, Deputy Secretary of the Municipal Party Committee; Han Junming, Director of the Standing Committee of the Municipal People’s Congress; Wang Shili, Chairman of the CPPCC Municipal Committee; and other leading officials from the city’s four major leadership bodies, along with Zheng Peng, Chairman of the Board and President of Pengfei Group, attended the event. More than 600 participants—including heads of relevant municipal departments and township/subdistrict offices, employee representatives from Pengfei Group, representatives of the construction contractor, and media reporters—also took part in the ceremony.

During the ceremony, Mayor Guo Qingzhi emphasized that the project’s groundbreaking marks a significant achievement in Xiaoyi’s vigorous implementation of its “Two Priorities and Four Highs” development strategy and its accelerated pursuit of the cultural‑tourism development model of “One City, One River, One Lake.” It also serves as a quintessential example of private capital’s participation in a provincial key project and of Pengfei Group—ranked among China’s Top 500 enterprises—demonstrating its deep commitment to Shanxi and its steadfast dedication to Xiaoyi. Moreover, it represents a vivid illustration of our joint efforts between government and enterprises to safeguard this millennium‑old ancient city, carry forward its historical and cultural heritage, and drive high‑quality transformation and development. This milestone signifies substantial progress in the construction of the old‑city preservation and redevelopment project and in the city’s cultural‑tourism sector, and it is sure to set an inspiring precedent, encouraging more private capital to engage in major city‑wide projects, further energizing the city’s development momentum, enhancing public well‑being, and injecting powerful impetus into Xiaoyi’s all‑round transformation.

Zhao Xiaoqin, a member of the Standing Committee of the Xiaoyi Municipal Party Committee and Head of the Publicity Department, presented the project, noting that Xiaoyi’s old city embodies more than 1,500 years of the city’s history and culture. The protective‑development project for the old city is a key initiative at the provincial level. With a sense of responsibility to history, to Xiaoyi, and to the people, the municipal Party committee and government have positioned this project as an ecological, livelihood‑oriented, and transformation‑driving endeavor, working comprehensively to forge a new hallmark for Xiaoyi’s cultural and tourism sectors.

As a locally‑born, homegrown enterprise of Xiaoyi, Pengfei Group has actively participated in the construction of key projects, serving as a model for responding to the municipal Party committee and government’s call to encourage private capital to engage in the development of priority initiatives. This demonstrates the admirable sense of responsibility and commitment of local entrepreneurs to fulfill their social obligations and give back to their hometown and community. It vividly embodies the noble spirit of remembering one’s roots and remaining deeply connected to one’s native land. We hope that, throughout the construction process, Pengfei Group will adhere to the principles of preservation, inheritance, and sustainable development—whether in architectural form, business‑type planning, or even in the smallest details like individual bricks and tiles, or in the broader framework of overall operations—so as to truly revitalize the old city, restore its former prosperity, and bring to life a vision of renewed vibrancy and flourishing.

Zheng Peng stated that Pengfei’s mission is to bring happiness to those who are devoted to the company’s cause—this, in essence, embodies filial piety and righteousness. Upholding virtue and striving for goodness, valuing noble principles, and remaining true to benevolence and integrity have always been the guiding ideals, perspectives, vision, and aspirations of everyone at Pengfei. The protection and revitalization of the old urban district of Xiaoyi has long been a cherished aspiration and a legacy passed down through millennia. It is a strategic initiative undertaken by the Xiaoyi Municipal Party Committee and Municipal Government, responding promptly to the city’s needs and anticipating its hopes: when the old city thrives, Xiaoyi prospers; when the old city flourishes, Xiaoyi becomes even more beautiful.

We extend our heartfelt gratitude to the Municipal Party Committee and the Municipal Government for their courage, sense of responsibility, and decisive action, which have charted a clear course for Xiaoyi’s second leap forward and fostered an excellent business environment. Pengfei Group will uphold the spirit of courtesy and respect that defines Xiaoyi, expressing deep appreciation to nature, to society, to our motherland, and to all those who have supported us. We will devote every ounce of our strength to safeguarding goodness and beauty, striving to complete the revitalization of Xiaoyi’s historic old town as soon as possible, and ensuring that it soon reflects both its rich historical heritage and the vibrant prosperity of our times.

Zhu Wenjun, General Manager of Sinochem Second Construction Group, delivered a statement on the project’s construction, affirming that Sinochem Second Construction will unite as one, devote itself wholeheartedly, and ensure the project is completed on time to the highest quality and standards.

Secretary Liu Shiqing announced the commencement of a key project jointly undertaken by Pengfei Group for the protection and development of Xiaoyi City’s old urban district.

On a midsummer day, all things flourish in vibrant splendor. On the soil of the old city, fresh vitality and energy are surging forth. Leaders attending the ceremony jointly wielded shovels to lay the cornerstone, adding color and heaping earth. The entire venue erupted in thunderous applause, and car horns sounded as the groundbreaking ceremony for a key project—participated in by the Pengfei Group for the protection and development of Xiaoyi City’s old district—concluded successfully.