The acceleration of the urbanization and the conversion of its interior features pose new problems of transformation and renewal to the industrial heritage located originally on the urban fringe. This paper firstly summarizes the domestic and foreign industrial heritage renewal cognition and practices, analyzes the characteristics of mountain industrial heritage and the problems faced by the renewal, and proposes the corresponding strategies: to achieve sustainable development of feature update on the basis of recombination, to reshape the various elements of the landscape update, and to protect the style update of industrial and historical culture in mountain areas. Finally, it takes the industrial heritage protection planning of Chaoyang Factory in Mianyang City for example, and explores ways of renewal of industrial heritage under the guidance of the design strategies of overall protection, dynamic protection and the integration of landscape and architecture.