On July 30, Sun Ye, Secretary of the Leading Party Members Group and Director of Shenyang Foreign Affairs Office, led a working group to conduct on-site research at Shenyang Hongyuan Magnet Wire Co., Ltd. The group gained first-hand insights into the company’s progress in its "Going Global" strategy and delivered tailored foreign affairs services right to the enterprise’s doorstep.

Director Sun Ye held an in-depth exchange with Chairman Yang Xuqing and other corporate executives, attentively listening to briefings on the company’s development history, production and operations, and overseas strategic layout, while responding point by point to the company’s requests for international cooperation. She spoke highly of the company’s long-term commitment to rooted development in Shenyang and its dedication to its core business, which has broken foreign monopolies in the UHV magnet wire sector, and fully affirmed its achievements in actively integrating into the global industrial chain and propelling “Shenyang Manufacturing” onto the world stage.

Director Sun Ye stated that Shenyang Foreign Affairs Office has consistently adhered to the integrated concept of "Foreign Affairs Plus Economy and Trade", making “supporting enterprises in going global” its top priority, and is committed to the principle of “enterprises place orders, the Foreign Affairs Office delivers service”, striving to safeguard the development of the enterprises to go global. Leveraging resources and channels including international friendship cities, overseas diplomatic missions, and international chambers of commerce, Shenyang Foreign Affairs Office will provide targeted support for Shenyang’s enterprises in overseas market expansion, APEC Business Travel Card application, consular protection,etc, fully safeguarding the international development of Shenyang’s enterprises.

Chairman Yang Xuqing expressed gratitude to Shenyang Foreign Affairs Office for its long-standing and vigorous support for enterprises’ “going global,” noting that the thoughtful initiative of “delivering services right to the enterprises” has brought great warmth to the company. Relying fully on the strengths of foreign affairs platforms, Hongyuan will further explore the international market while giving play to its driving role along the industrial chain, contributing “Hongyuan’s strength” to building Shenyang into an international central city in Northeast Asia.

Founded in 1983, Shenyang Hongyuan Magnet Wire Co., Ltd. was listed on the Beijing Stock Exchange in August 2025, becoming the first Shenyang company to be listed on the BSE. With over 40 years of dedicated cultivation in the magnet wire sector, it has grown into a leading domestic enterprise in UHV transformer magnet wires, with its products exported to 17 countries and regions across Asia, Europe, Africa, North America, and South America. It has been honored with titles including national “Manufacturing Single Champion Enterprise” and national “Green Factory”.