Paike New Materials Technology Raises Investment for Construction of Precision Ring Forging Production Line
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Wuxi Paike New Materials Technology has raised its investment for a smart production line for precision ring forgings to 1.30 billion yuan, up from the previous estimate of 1.296 million yuan. This production line, aimed at aerospace and new energy materials, will be established through its subsidiary in Xishan District, Wuxi, China, and will produce forgings made of special alloys.
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