Hefu Town's industry started at 1952, and was originally the industrial development base of Changde County. Xinxiang Cigarette Factory (the predecessor of Changde Cigarette Factory), South China Optical Instrument Factory, Changming Pot Factory, Component Factory, Machinery Factory and other large and medium-sized state-owned enterprises gathered in the countryside, which occupied an important position in the industry of Changde County (now Wuling District) and had gone through a glorious course. Among them, the "Chang" brand nutritional iron pot produced by Changming Pot Factory won the gold medal at home and abroad and enjoyed a high reputation; The military products produced by South China Optical Instrument Factory have participated in the military parade celebrations of the 35th and 50th anniversary of the National Day. Xinxiang cigarette factory (now Changde cigarette factory) has become a big profit and tax collector in this city after decades of development and growth. At the same time, many collective enterprises such as clay factory, shipyard, lotus coal factory, daily glass factory, stamping factory, prefabricated factory, stone coal factory, brick factory, farm tool factory, construction team, tea factory, building materials factory and soy sauce factory have laid a solid foundation for the economic construction of Fuzhen.

Since the reform and opening up, the industrial enterprises in Hefu Town have experienced a series of policy baptism such as management system transformation and economic system reform. Their business philosophy is becoming more and more mature, and their production scale and technology are constantly updated. In recent years, after the overall restructuring of enterprises, township enterprises have produced and operated in various forms such as shareholding system and private ownership. Up to now, there are 8 1 1 in private enterprises, with 3,496 employees, including scientific and technical personnel 106. The total annual output value of the enterprise is 254.26 million yuan, the total operating income of the enterprise is 24 1.55 million yuan, the total profit is 7.25 million yuan, and the tax paid is 2.6 million yuan. The company's main products are red bricks, clay, rice, iron pots, cooking oil, soy sauce, sauce vinegar, paper towels, caramel and so on. Among them, products such as "Lily" brand sauce vinegar produced by Lily sauce vinegar factory and iron pans produced by Nanhu pot factory are also exported to all parts of the country.

In order to further prosper the township's industry and do a good job in economic construction, Hefu Town has been insisting on revitalizing the town through industry, extensively attracting investment, making use of domestic land and natural advantages, giving certain preferential policies, attracting foreign investors to invest and start businesses in China, and solving the problems of insufficient funds and idle factories and equipment of some township enterprises. At present, the town has invested in 13 projects, with the introduced capital of * * * 84.7 million yuan. Among them, the funds have been put into operation, and the results are remarkable: the imported Jiang Ying cold-rolled steel bar factory has a total investment of 3 million yuan, mainly producing cold-rolled steel bars, accumulated fixed assets of 6.5438+0 million yuan, industrial output value of more than 2 million yuan, annual tax payment of 50,000 yuan, and has two advanced automatic production lines. The quality and performance of its products have been recognized by the State Quality Supervision Bureau for many times, and it is one of the key products promoted by the state and exported to all parts of the province. The imported Yulan towel factory has a total investment of 6 million yuan, mainly producing Yulan towels. Accumulated fixed assets are 3.5 million yuan, industrial output value is 9 million yuan, and annual tax payment is more than 200,000 yuan. In 2005, the scale will be expanded again, and it is planned to invest 5 million yuan to establish a cotton mill. The imported Xiniukou Mineral Water Co., Ltd. mainly produces drinking water, with accumulated fixed assets of 6.5438+0.2 million yuan, industrial output value of 6.5438+0.3 million yuan, and annual tax payment of 40,000 yuan. Changde Hetong Food Co., Ltd. has a total investment of 30 million yuan, mainly producing salted duck series products, hot pot seasonings, snack foods and so on. The annual industrial output value is 654.38+0.5 billion yuan and the annual tax revenue is 654.38+0.5 billion yuan. The imported Qiu Jin Leisure Park has a total investment of 7 million yuan. Up to now, the annual output value can reach 7 million yuan, and the annual tax paid is 6.5438+0 million yuan. In addition, Wuhua Milk and Beverage Factory, Tianfengyuan Seasoning Food Factory, Ruitong Electric Appliance Co., Ltd., Wuling District Foreign Trade Xiangyuan Food Distribution Center, Yongxing New Building Materials Factory, Yanqiao New Light and Heavy Wall Material Factory, Chen Jun Special Equipment Factory and other enterprises have been introduced one after another, becoming an important market town for attracting investment in Wuling District.