On September 24, 2022, the launch ceremony of the trial production of Iraeta Nuclear Power Deep Sea  Industrial Park was held in the workshop No. 1 of the Nuclear Power Deep Sea New Materials Division, with the participation of Zhangqiu District, Jinan City, Deputy Secretary of the Party Committee and District Governor Bian Xiangwei, Zhangqiu District, Jinan City, Standing Committee of the Party Committee, Deputy District Governor Li Qi and other district government leaders, leaders of major financial institutions, professors and experts from relevant research institutes, various suppliers of the Nuclear Sea Industrial Park project, all senior management of Iraeta and representatives from various departments of Iraeta.

At 10:18 a.m., a lion dance performance was held in front of the workshop. The lion moved up and down with rich movements and performed the traditional program, which caused the audience to applaud and ignited a warm atmosphere at the scene.

At the activity site, a banner full of sincere wishes from suppliers was neatly hung on the wall, and all the employees lined up neatly, looking forward to the start of the ceremony with an excited mood.

At 10:28 a.m., the event officially started. Wang Wenzhi, general manager of Nuclear Ocean New Materials Division, firstly gave a speech on the stage. Wang Wenzhi said that all the staffs of Nucleus & Sea New Materials Division will deeply study and understand the 14th Five-Year Development Blueprint planned by Mr. Niu for the Group, and work hard to complete the Group's 10 billion target with unswerving confidence, concentrating on the hard work and overcoming difficulties.

Feng Gao, vice president of Iraeta and general manager of the offshore equipment division, said in his speech on stage as a representative of the nuclear and marine industrial park project department that the construction of the nuclear deep-sea industrial park could not be separated from the important support of the functional departments at all levels in the provincial and urban areas, the great efforts of the design units, equipment supply units and infrastructure units, and the unity and hard work of all Iraeta colleagues. We hope that in the future, we can join hands, take the completion of the nuclear sea industrial park as an opportunity to continue to deepen cooperation and create greater achievements in the great new era of socialism.

Shengqi Guo, a representative of the staff of Nuclear Ocean New Materials Division, said on the stage that as young employees of the Group, we should take up greater responsibility for the Group and contribute more strength to the enterprise. He also made the following three commitments on behalf of all the employees of Nuclear Ocean New Materials: to improve operational skills and be a technical pioneer; to abide by the rules and regulations and enhance the concept of safety; to adhere to the ideals and beliefs and strengthen responsibility.

On behalf of the board of directors, Yugang Niu, chairman of Iraeta, first expressed his heartfelt thanks to the provincial and municipal government leaders at all levels, major financial institutions, relevant research institutes, all suppliers and all Iraeta colleagues who participated in the construction of the Nuclear Sea Industrial Park. Mr. Niu said that the construction of the Nuclear Sea Industrial Park is the best manifestation of Iraeta's dedication to strengthening the real economy and our solemn commitment to innovate and seek changes to firmly implement the national major strategy of ecological protection and high-quality development of the Yellow River Basin.Iraeta colleagues will continue to keep in mind the original intention, remember the mission, and dedicate to the 20th Party Congress with more excellent achievements.

On behalf of the Zhangqiu District Government, Qi Li, member of the Standing Committee and Vice Mayor of Zhangqiu District, Jinan City, expressed his heartfelt wishes for the trial operation of Iraeta Nuclear Deepsea Industrial Park. Li Qi pointed out that as a representative of the transformation and upgrading of Zhangqiu forging industry, Iraeta has developed rapidly in recent years. The 20th Party Congress is about to be held victoriously, and the completion of the Nuclear Deepsea Industrial Park is a gift to the Party from the people of Iraeta with their practical work. In the future, we hope that Iraeta will continue to work hard and move forward, and make greater contributions to the economic development of Zhangqiu District.

Afterwards, the leaders jointly took the stage to inject power and turn on the energy for the nuclear sea industrial park. With the pushing of the starting lever, Iraeta Nuclear Power Deep Sea Industrial Park officially opened its curtain!

A new starting point breeds new hopes, and a new journey writes new glories. As an important part of Iraeta's 14th Five-Year Strategic Plan, the Nuclear Sea Industrial Park is the result of the wisdom under the careful layout and strong leadership of Mr. Niu, an important initiative for Iraeta to extend, complement, strengthen and grow the chain, and an important guarantee for the Group to achieve leap-forward development. In the future,Iraeta will not forget its original intention, make greater contributions in the new journey of socialism, and welcome the victory of the 20th Party Congress with practical actions!

About IRAETA

IRAETA is an enterprise mainly engaged in the manufacture of clean energy key components, mainly used in fields such as wind power, nuclear power,  hydropower, UHV, offshore engineering, machinery manufacturing, high-end refining, mining and other fields.

IRAETA now has 1 sales company, 7 business divisions, 7 management centers, 1 Shanghai branch, 1 Jining factory and 1 Spanish factory (FIHI), having over 1,800 employees. For nearly half a century, IRAETA has always been steadfastly devoted to the forging industry. From offshore wind turbines on the Atlantic coast to the oil fields deep in the deserts of the Middle East, to mines in the lofty mountains of Peru, our products have made their mark. Adhering to the values of “honesty, humility, perseverance and work”, IRAETA is committed to creating sustainable value for global customers through high-quality products.

We invite you to learn more about IRAETA by visiting our website at www.iraeta.com and following us on our social media channels:

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