On Feb 17, in the still-chilly spring, the clean room of Zhenqu Semiconductor (Jiaxing) Co Ltd located in the national economic and technological development zone of Pinghu city, Jiaxing, Zhejiang province, was bustling. Workers were concentrating on operating their equipment, going all out to reach peak production, quality assurance and other processes for the highest quality of their finished products. Complementing the busy production in the clean room, at the construction site of the company's second-phase project, there was a scene of intense construction activity.

"The new project started construction in December last year. It has already been topped out and is now undergoing interior decoration. We plan to officially put it into use in the first quarter of this year and finish the trial production period by mid-year. Thanks to your excellent service, our project has been able to progress so smoothly". Chen Zhongqiang, the general manager of the enterprise, said to the customer manager from Zhongdai Power Supply Station of State Grid Pinghu Power Supply Company, who came to discuss the electricity consumption for the subsequent production of the second-phase project.

It is reported that Zhenqu Semiconductors is a high-tech enterprise dedicated to providing power semiconductor modules and new energy vehicle drive solutions. The second-phase project has a total investment of 640 million yuan and covers an area of approximately 42 mu (2.94 hectares). After completion, it will have a production capacity of 900,000 power modules, 450,000 printed circuit board assembly boards, and 200,000 motor controllers per year, taking the lead in achieving the mass domestic substitution of power semiconductor modules in the new energy equipment field. To ensure the power demand for the project construction, State Grid Pinghu Power Supply Company, relying on the Major Project Promotion Office, visited the enterprise promptly, established a professional team composed of technical backbones from multiple departments, provided pre-application linkage services to the enterprise, and also visited the installation site of the special transformer for project construction several times to provide guidance and technical support, making every effort to promote the project to be put into operation on schedule and safely.

The rapid power supply for the new project of Zhenqu Semiconductor is a vivid microcosm of major projects accelerating their progress in Pinghu city. In recent years, Pinghu, Jiaxing has deeply implemented the "No 1 Development Project" of digital economy innovation and quality improvement, going all out to optimize the business environment, providing the highest-quality, most convenient, and most efficient whole-life-cycle services for major projects, promoting the expansion of project investment and the achievement of production and efficiency, and injecting strong momentum into high - quality development. According to statistics, in 2024, 36 integrated circuit enterprises above the designated size in Pinghu city achieved an output value of 5.023 billion yuan, a year-on-year increase of 25.37 percent, and the output value accounted for 15.52 percent of the output value of digital manufacturing enterprises above designated size in Pinghu.