Hunan’s 2026 Provincial Key Industrial Projects have been released. Hunan Panda New Materials, a subsidiary of Panhua Group, has its production lines with an annual output of 50,000 tons of silicon steel strip and 200,000 tons of carbon steel strip selected into Yueyang’s major project list.
As a national high-tech and specialized, sophisticated, distinctive and innovative enterprise, Hunan Panda specializes in various high-end thin sheet materials, whose products are widely applied in new energy, electric motor and transformer industries. The project will improve the central China silicon steel industrial chain and fill the supply gap of core materials for new energy equipment upon completion.
Founded in 2001, Panhua Group has built four domestic thin sheet manufacturing bases along the Yangtze River. It posted an operating revenue of nearly 60 billion yuan in 2024 and ranks among China’s leading private manufacturers of thin steel sheets, supplying silicon steel products worldwide. The supporting three-in-one self-bonded electrical steel technology can triple stamping capacity and greatly cut processing costs. Steel mills, motor manufacturers and stamping factories are welcome to discuss cooperation with us.