On 18th February, the first working day after the Spring Festival, 466 large-scale enterprises across the Ezhou city were bustling with businesses, achieving a work resumption rate of 91.6%. 24 key enterprises continued operations during the Spring Festival, ensuring a stable and orderly industrial working environment.
Ezhou has introduced several measures outlined in the Measures to Promote the Industrial Economy “Kickoff” in 2024, offering substantial incentives to industrial enterprises to kickoff and vigorously vie for practical achievements in stabilizing growth, increasing efforts, and expanding markets. A reward ranging from 300,000 to 800,000 yuan will be given to the top three areas in the Hubei province’s “horse racing system” ranking for the first quarter. Financial rewards will also be provided to large-scale industrial enterprises that continued operations from 1st February to 29th February, including the Spring Festival holidays. For large-scale industrial enterprises with loan amounts exceeding 10 million yuan during the period from 1st January to 31st March, each will receive an interest subsidy of 20,000 yuan. Industrial enterprises and associations leading in organizing supply-demand activities will receive rewards ranging from 20,000 to 80,000 yuan, depending on the scale.
In addition, Ezhou also issued the Notice on Continuously Optimizing the “Double Thousand” Activity and Providing Services for Grass-roots Unites to “Kickoff”, organizing 75 municipal departments to visit 150 key enterprises to improve services for their overtime production during the Spring Festival and resumption of work post holiday. The Ezhou Municipal Bureau of Economy and Informatization also conducted surveys on the production of large-scale industrial enterprises during the Spring Festival, guaranteed services such as water, electricity, and gas supplies, fully supporting the stable and efficient production of the 24 enterprises that did not stop operation, promptly addressed the demands of enterprises in resuming production after the holiday to ensure a full kickoff.
During the Spring Festival Holiday, several enterprises in Ezhou city maintained their operation. The daily output of iron, steel, and materials in Wubao Echeng Iron & Steel Group increased by 1%, 6%, and 0.5% respectively year-on-year. Three units of Ezhou Power Plant operated steadily, with daily electricity generation remaining stable. 150 employees of Wuhan Iron and Steel Resources Group Ezhou Pellet Co., Ltd worked tirelessly, with daily production increasing by 10% compared to the same period last year. Hubei San’an Optoelectronics Co., Ltd reached a 150% increase in daily chip production. Three hundred employees of Hubei Rongbai Lithium Battery Materials Co., Ltd also worked overtime during the holiday.