There are currently 238 standard-sized enterprises in the mechanical and electrical equipment industry, and it is expected to achieve a production value of 57.99 billion yuan by 2022. Currently, it has gathered a group of industry-leading enterprises such as Tianneng Battery, Gree Electric Appliances, and Beidou Star Communication. Suqian Economic Development Zone's Smart Home Appliance Industrial Park has been approved as a provincial-level characteristic innovation demonstration park, and Sihong County has become the largest radiator production base at the county level in China.