The meeting room before us had sat idle for four years, once buried under layers of dust and cobwebs. Today, it has been completely transformed and is poised to embrace a new chapter of purpose.
This meeting room originally belonged to Zhenjiang Huatong Heavy Industry. Today, it serves as one of the administrative offices of Jiangsu Deqitech New Materials Co., Ltd. Four years ago, Huatong Heavy Industry suspended production due to poor management, leaving the 300-mu (approximately 50-acre) site deserted. Four years later, Jiangsu Deqitech New Materials Co., Ltd completed the asset transfer with Huatong Heavy Industry, began project construction, held its inauguration ceremony, and officially commenced operations—all in just 99 days!
On the evening of June 22, Zou Hao, head of the Service Industry Development Department at Dantu District’s High-tech Industrial Park, received a call from Jiang Daxian, the Party Working Committee Secretary of the High-tech Park, who was on a business trip in Shenzhen: “Contact the representatives from Jiangsu Deqitech New Materials Co., Ltd immediately. They’ll visit Dantu tomorrow to assess the Huatong Heavy Industry project. I’m returning now to join tomorrow’s meeting.”
At first, Zou Hao was puzzled. Huatong Heavy Industry had been shut down for four years—could its assets really be revitalized? Moreover, this fell outside his usual scope of service industry projects. Yet the park’s leadership clearly prioritized it. After learning more, he discovered the company’s interest in investing in Dantu, with the park proposing the reuse of Huatong’s existing land, factories, and offices.Zou Hao recognized the High-tech Park’s role as a trailblazer in the district’s industrial development drive. “When it comes to investment, departmental boundaries don’t matter. The right person must step up,” he thought. As a veteran employee familiar with the Huatong project, he sprang into action.
June 23, 2020: Company representatives visited Dantu to review the Huatong project.
June 26, 2020: Dantu District Party Secretary Xie Jibu led a delegation to Suzhou for project discussions, reaching a preliminary agreement on acquiring Huatong’s facilities.
July 16, 2020: Jiangsu Deqitech New Materials Co., Ltd signed the project agreement during Dantu’s centralized signing ceremony.
August 3, 2020: The company completed registration and opened its bank account.
September 4, 2020: Successfully acquired the assets via Taobao’s judicial auction.
September 18, 2020: Signed the transfer agreement with Huatong’s bankruptcy administrator; personnel entered the site.
September 29, 2020: Jiangsu Deqitech New Materials Co., Ltd held its inauguration and officially launched operations.