On January 11th, at the beginning of the new year, Guilin Pinggang Iron and Steel Co., Ltd. and Ningbo DONLY Transmission Equipment Co., Ltd. signed the world's first high-speed endless continuous casting and rolling rod and wire production line project rolling mill gearbox design and supply contract in Pingle County, Guilin.The 1.2 million ton production capacity replacement technology renovation project of Pinggang Company adopts the world's most advanced Danieli high-speed endless continuous casting and rolling rod and wire production line. The front steelmaking process is equipped with the world's top Siemens Pratt 120 ton EAF quantum arc furnace and LF refining furnace, and its equipment level is world-class. Especially Danieli's endless continuous casting and rolling rod and wire production line is the world's first, with MI The DA patented process is a breakthrough innovation in the production of bar and wire products, integrating automation, optoelectronics, and automatic load adjustment. It applies low-temperature rolling and ultra-fine particle technology to design and produce, comprehensively improving the quality of steel products. With the use of high-speed endless continuous casting and rolling technology, the product yield has increased by 4%, avoiding secondary heating of steel billets, saving energy consumption, and reducing emissions. Due to the use of high-tech automation and process optimization design, the system can accurately cut the length of bars and wires on the rolling line within the minimum and maximum range, fully meeting market demand.

Ningbo Dongli Transmission Equipment Co., Ltd. is the core subsidiary of Ningbo DONLY Co., Ltd., the first A-share listed company in the gear industry. It is a high-tech enterprise specializing in the research and development, design, and manufacturing services of industrial gearboxes. Since its establishment for more than 20 years, it has provided a large number of gearboxes and various transmission equipment to the steel industry. Wherever there are steel plants, there are Dongli's products, This time, Ningbo Dongli Company has gained the trust of Pinggang through its technical strength and sincere service, and has won this milestone contract. This will lay a solid foundation for Dongli to continue on the path of innovation and high-quality development, and provide advanced and reliable gearboxes and various transmission equipment for new energy-saving and environmental protection projects in the steel industry, providing new momentum.