Silicon steel is widely used in the manufacturing of core components for electric motors, transformers, and generators due to its high magnetic conductivity. Like Chuangwei Da, there are many enterprises that value the development prospects of the silicon steel industry and invest in building factories. Yan Zhenhua, Director of the Economic Cooperation Bureau of Loudi Economic Development Zone, introduced that the construction of a silicon steel industrial park with a planned area of 8000 acres is rapidly advancing, and a new "park within the park" motor industrial park is being built. Although the park has not yet officially opened, 12 enterprises have been introduced this year. Among them, three enterprises including Chuangweida have been put into operation, and three enterprises including Hunan Luobo Automation Equipment Group Co., Ltd. have entered the site to install equipment, creating a hot scene.

Loudi is known as the "Steel City". In recent years, Loudi has vigorously built a "material valley", based on the foundation of "steel", and made sufficient efforts in "steel". It has embarked on a path of industrial transformation from ordinary steel to high-strength steel, silicon steel, and automotive steel. On this basis, we will highlight the main focus of silicon steel and build a silicon steel industry chain for motors, transformers, and household appliances.

Loudi City has formulated the "Loudi Silicon Steel Industry Development Plan", which clarifies the goal of building the silicon steel industry into a new industrial cluster worth billions of yuan during the 14th Five Year Plan period. A special policy for the silicon steel industry in Loudi City has been formulated and will be issued soon. We have established a municipal leading group for the high-quality development of the silicon steel industry, formed a dedicated team, and focused on both project recruitment and empowerment support.

Hunan Lelibao Electric Co., Ltd. (referred to as Lelibao) is a transformer production enterprise. In recent years, with the vigorous development of the silicon steel industry in Loudi, Lelibao plans to expand its production lines for products such as transformers and distribution cabinets. Due to financial pressure, the project is progressing slowly. The service team actively coordinated and helped the enterprise expand its market through matchmaking, and reached a direct supply agreement with local production enterprises for iron core silicon steel sheets. Currently, the production line expanded by Lelibao has been put into operation.

"We are developing the silicon steel industry and building a chain of industries for motors, transformers, and household appliances, which is essentially promoting the upgrading of the steel industry to the mid to high end." Liu Jian, Director of the Office of the Leading Group for High Quality Development of the Silicon Steel Industry in Loudi City, introduced. With the investment of 8 billion yuan in Liangang Electromagnetic Materials and other series of projects put into operation, Loudi's production capacity of 4.5 million tons of silicon steel substrates and 3 million tons of full process silicon steel is forming. This year, 20 silicon steel industry chain projects have been introduced with a total investment of 15.75 billion yuan; We plan to introduce more than 20 electric motor enterprises by 2024, cultivate new forces in the field of electric motors, and cultivate a new force for development.