On May 5, 2017, Changyi Machinery Manufacturing Association was established. Teng Fengqun, chairman of Shandong Changning Group, was elected First Deputy Secretary-General.

After more than 30 years of unremitting efforts, Shandong Changning Group has become one of the leading enterprises in the machinery manufacturing industry of Changyi City with its profound historical background and strong technical strength, and has promoted the development of the surrounding machinery manufacturing industry.

Changyi Hengchang New Material Technology Co., Ltd. is one of the five subsidiaries of Shandong Changning Group. Based on the concepts of science and technology, energy saving, environmental protection and service, the company has built an amorphous soft magnetic tape production line and an automatic production line of lost foam casting.

On the afternoon of May 5, domestic foundry industry leaders and experts such as Zhang Libo, Executive Vice President of China Foundry Association, Zhang Zhiyong, First Deputy Secretary-General, Li Zengmin, Secretary-General of EPC Branch, accompanied by Teng Linqun, General Manager of Changning Group, visited Changyi Hengchang New Materials Science and Technology Co., Ltd.

Hengchang Science and Technology Co., Ltd. is an announcement enterprise in accordance with the "Access Conditions for Foundry Industry" issued by the Ministry of Industry and Information Technology in 2016.

Hengchang Technology Co., Ltd.'s iron-based amorphous soft magnetic tape project, invested in construction in 2016, achieved mass production that year, is the fifth domestic mass production company. Production of 142 mm, 170 mm, 213 mm three models, 213 mm tape in March this year to achieve mass production. After putting it into the market, it has been widely recognized and praised by customers, and market orders keep on coming.

The delegation highly appraised the development of Shandong Changning Group, and fully affirmed and appreciated the scientific and technological nature of Hengchang Science and Technology Company and the innovative activities of the public.

With the support of the government, the love of customers and the efforts of employees, Changning Group has built a century-old enterprise by raising its sleeves.