On November 6, construction officially began on the BGRIMM Advanced Materials high-end metal materials Ninghuai R&D and Intelligent Manufacturing Base project at the Ninghuai Intelligent Manufacturing Industrial Park in Huai'an, Jiangsu. Yang Xinzhong, Acting Mayor of Huai'an, announced the start of construction, and Han Long, Party Secretary and Chairman of BGRIMM Technology Group, attended and delivered remarks. The project is the largest single manufacturing investment since the establishment of the Ninghuai Industrial Park, with a total investment of approximately RMB 3.06 billion, covering 317.57 mu (about 21.2 hectares), and involving the construction of approximately 235,000 square meters of standardized factory buildings, R&D centers, and related facilities. The project focuses on key strategic materials including electrodes for electrolytic hydrogen production, special powders for additive manufacturing, high-end metal powders for thermal spraying and laser cladding, and refractory metal materials. Once completed, it will have an annual capacity of 2 million square meters of electrolytic hydrogen production electrodes, 15,000 3D-printed parts, and 7,500 tons of special powders. Phase I involves an investment of approximately RMB 989 million and the purchase of about 350 sets of equipment, including atomization powder production equipment. Phase II involves an investment of approximately RMB 2.071 billion and the purchase of about 180 sets of equipment, including atomization powder production and laser cladding equipment as well as 3D printers. The EPC contract was awarded to a consortium led by China Light Industry Changsha Engineering at approximately RMB 663 million, with a total construction period of 448 days. BGRIMM Advanced Materials is a core enterprise in the new materials segment of the centrally administered SOE BGRIMM Technology Group, and holds national-level specialized, refined, distinctive, and innovative "little giant" status as well as manufacturing single-champion qualifications. Its wholly owned subsidiary BGRIMM Advanced Materials (Jiangsu) was registered in July 2026 with registered capital of RMB 300 million. The project's launch means that the SOE's integrated layout spanning special powders, additive manufacturing, and electrolytic hydrogen production electrodes has officially entered the construction phase at the capacity node. Value for buyers: the capacity of 7,500 tons of special powders and 15,000 3D-printed parts corresponds to medium- and long-term incremental supply of titanium alloy, superalloy, and refractory metal powders as well as printing services. Buyers may monitor the Phase I commissioning schedule and the release of external orders.