Hz info:On August 28, the 20,000-ton annual production project of high-performance automotive and floor coatings by Xuancheng Langge Coating Technology Co., Ltd. was officially launched in the Xuanzhou High-Tech Zone. As a key investment project in the Xuanzhou High-Tech Zone in 2025, the implementation of this project marks a substantial progress in Xuanzhou City's efforts to cultivate a modern industrial system and to promote the chain-building, chain-supplementing, chain-strengthening, and chain-expanding of the "2+8" special industries.
The project has a total investment of 600 million yuan and covers a planned area of 18,534 square meters. It will construct facilities such as Class A workshops, Class C workshops, Class A warehouses, Class C warehouses, a comprehensive building, and a pump house. Once fully operational, the project will be able to produce 20,000 tons of high-performance coatings annually, including epoxy coatings, acrylic coatings, polyurethane coatings, water-based coatings, and thinners. It is expected to generate an annual sales revenue of 860 million yuan. By introducing advanced equipment and environmentally friendly processes, and using environmentally friendly raw materials, the project will achieve clean production. This will not only help the group achieve full industry chain coverage and sustainable growth but will also bring job opportunities and tax contributions to the local area of Xuanzhou, achieving a win-win situation in economic and social benefits.
Xuancheng Langge Coating Technology Co., Ltd. was established on July 24, 2024, with a registered capital of 10 million yuan. It is wholly owned by Lange Holdings Group Co., Ltd., with Xi Zhongping, the legal representative, serving as the chairman. In his speech, he said that the project is an important milestone in the development of Langge Technology and also marks a key step for Lange Holdings Group in expanding its industrial layout and increasing production capacity.
Lange Holdings Group, which was founded in 2003, is a national high-tech enterprise with a total registered capital of 275 million yuan. Its business covers multiple fields such as the construction and operation of parking lots, the creation and management of transportation equipment, smart services, and the construction of charging stations. The group has cooperated with Zhejiang University of Technology and achieved breakthroughs in automotive coating research and development. Its self-healing coating technology has reached an industry-leading level and is ready for mass production. With years of accumulation, Langge has the highest market share in parking lot management and coating production in Zhejiang Province and the second highest in China.
On April 9, 2024, Lange Holdings Group had already signed a contract with Ningguo Economic Development Zone for the R&D and construction of high-performance automotive coatings, smart parking services, and photovoltaic energy storage charging stations. The landing of the Xuanzhou project is a key move for Lange Holdings to expand into the new track of automotive coatings and to further improve the full industry chain layout of transportation facilities. It will also help promote the upgrading of the regional new energy industry and the development of a green economy.
Since 2025, the Xuanzhou High-Tech Zone has closely followed the deployment of the "Project Quality Improvement and Efficiency Year." From January to August, 26 new projects with an investment of more than 100 million yuan have been signed, with a total investment of 7.398 billion yuan. Twelve new projects with an investment of more than 100 million yuan have started construction, and 13 have been put into production. The main economic indicators, such as the added value of large-scale industries, have maintained double-digit growth and have ranked first in the city's provincial development zones for two consecutive quarters. On August 29, the annual production project of 100,000 tons of lubricating grease and special lubricating oils by Emory Petrochemical (Anhui) Co., Ltd. was also founded in the park, injecting new momentum into the fine chemical industry.
According to statistics, the Chinese automotive coating market was about 28.331 billion yuan in 2023, with an investment scale of 14.59 billion yuan. With the continuous expansion of the new energy vehicle market, color and coating technology have become important elements of brand differentiation competition, and the demand for high-performance automotive coatings is growing explosively. In 2024, the global automotive coating market sales reached 20.94 billion US dollars, and it is expected to grow to 30.4 billion US dollars by 2030.
Lange Holdings Group, with its market position and technological accumulation in the field of transportation facilities, is expected to occupy a favorable competitive position in the rapidly growing market. The foundation-laying of the Xuanzhou project not only demonstrates Lange Holdings Group's strategic layout in the field of high-performance coatings but also injects new vitality into the industrial upgrading and economic development of the Xuanzhou High-Tech Zone. As the project progresses, it is expected to further promote the development of the regional new energy industry and provide new momentum for the economic growth of Xuanzhou City and even a wider area.
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