Hongteng New Materials' 16,000 ton fast forging press and integrated casting and forging production line has been put into operation.

According to Changshu Economic Development Zone, on June 27th, Hongteng New Materials Technology Co., Ltd.'s 16,000-ton rapid forging press and integrated casting and forging production line were officially put into operation. Hongteng New Materials Technology Co., Ltd. is a joint venture established by Hongda Heavy Industry Co., Ltd. and Jiangsu Longteng Special Steel Co., Ltd., focusing on the research and large-scale production of core forgings for large energy equipment, ships, nuclear power, and pressure vessels. On the same day, Hongteng New Materials Technology Co., Ltd. signed strategic cooperation agreements with multiple companies in the industrial chain.