of June 26, the People's Government of Taihe County, Fuyang City, Anhui Province and the People's Holding Group held a signing ceremony for project cooperation. The advanced manufacturing project with a total investment of 11 billion yuan was settled in Taihe. It will build lithium carbonate cathode materials, new energy batteries, alloy soft magnetic inductance new materials, high and low voltage electronic and electrical projects.
It is understood that the People's Holding Group is a company with smart grid as its core industry, spanning six major sectors of electricity, industrial investment, asset management, big health, financial control and supply chain finance, and consists of five large private enterprises, namely, people's electrical appliances, people's Wanfu, people's financial control, people's industry and people's supply chain, with business covering more than 150 countries. It has ranked among the top 500 Chinese enterprises for many years.
In addition, since 2003, with excellent business performance, the People's Holding Group has been ranked among the top 500 machinery enterprises in the world, and has been ranked among the top 500 machinery enterprises in the world for many consecutive years, ranking the first value brand in the field of industrial electrical appliances in China.
In 2021, in order to deepen the development of core industries and optimize the layout of innovation, the People's Holding Group set up headquarters centers in Shanghai and sub-centers in Beijing and Shenzhen to achieve coordinated innovation and development, and comprehensively transform and upgrade the industrial structure.
In 2023, the brand value of the People's Holding Group reached 78.815 billion yuan.
In view of the business layout, the People's Holding Group has set up five research institutes, namely, Academician Platform, Artificial Intelligence Big Data Research Institute, Beidou 5G Semiconductor Research Institute, New Energy and New Materials Research Institute and Financial Research Institute.
In the field of new energy and new materials, the People's Holding Group has made frequent efforts in recent years. On November 22
last year, the project of Kechuang Industrial Park of People's Holding Group was signed and settled in Anlu. The total investment of the project is 12.2 billion yuan, including smart grid, new bipolar lead laminated batteries, photovoltaic energy storage, copper deep processing, core supporting enterprises and other five sectors. After completion and commissioning, the annual output value is estimated to be 18 billion yuan, the annual tax revenue is 360 million yuan, and about 10000 people are employed. The project started construction in February this year. On June 7
this year, the People's Holding Group reached a strategic partnership with the People's Government of Sunan Yugur Autonomous County, Gansu Province. With the signing of the contract, the two sides will give full play to the advantages of wind and light resources in Sunan County, build a new energy supply and absorption system, and develop new energy projects such as integration of wind, light and storage, manufacturing of high-power new energy storage batteries, digital operation and maintenance platform for new energy logistics, and research and testing of new energy storage battery technology.
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