At 10:18 a.m. on July 10, the commencement ceremony of the high-frequency magnetic device research and production project of Anhui Sinomag New Energy Technology Co., Ltd. was held at the project site of Hefei High tech Zone. Xiong Yonghong, the chairman of the company, Xiong Yongge, the president and other leaders as well as all members of Sinomag New Energy attended the commencement ceremony. The construction company, design company and supervision company that were mainly responsible for it attended the meeting and delivered a speech. The meeting was presided over by Xiong Meijia, General Manager of Sinomag New Energy.

The main principals of the construction company, design company and supervision company said in their speeches that they would take this project as a key project of their respective companies to ensure the early completion and operation of the project and contribute to the rapid development of Sinomag.

At the ceremony, President Xiong Yongge delivered a speech: "We are full of passion and dreams, and we are determined to harvest in this fertile soil!" He thanked all the participants for coming to the meeting as scheduled in the scorching heat. As an important milestone in the development process of Sinomag, the commencement of new projects can not be separated from the concern and support from governments at all levels and friends. The company will live up to expectations to rapidly promote project construction with a higher starting point, higher standards and higher specifications, achieve industrial operation with high quality, build high-frequency magnetic devices as the growth pole of the company's development as soon as possible, and help Hefei's economic development and industrial take-off.

"Play and fire salute, the foundation laying ceremony now begin." At 10:38, Xiong Meijia, General Manager of New Energy Company, announced the beginning of the foundation laying ceremony, and the leaders participating in the foundation laying ceremony laid the foundation for the project in the joyful music. The commencement ceremony ended successfully with warm applause!