--- title: "Hengxing Science & Technology plans to invest no more than USD 10 million to build a project in Vietnam with an annual production capacity of 150,000 tons of high-performance prestressed steel strands" type: "News" locale: "en" url: "https://longbridge.com/en/news/242901567.md" description: "According to the announcement from Hengxing Science & Technology, the company plans to invest in Vietnam to establish a company and gradually invest in the construction of a \"150,000 tons annual production of high-performance prestressed steel strand project,\" with a total investment expected to not exceed 10 million USD. The project will be implemented gradually based on market demand and business progress" datetime: "2025-06-03T09:25:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/242901567.md) - [en](https://longbridge.com/en/news/242901567.md) - [zh-HK](https://longbridge.com/zh-HK/news/242901567.md) --- # Hengxing Science & Technology plans to invest no more than USD 10 million to build a project in Vietnam with an annual production capacity of 150,000 tons of high-performance prestressed steel strands According to the Zhitong Finance APP, Hengxing Science & Technology (002132.SZ) announced that the company plans to invest in establishing a company in Vietnam, gradually investing in the construction of a "150,000 tons annual production of high-performance prestressed steel strand project," with a total investment expected to not exceed 10 million USD. The project will be implemented gradually based on market demand and business progress ### Related Stocks - [002132.CN](https://longbridge.com/en/quote/002132.CN.md) ## Related News & Research - [Flow Pharma U.S. Patent Application Allowed for Issuance Covering Broad-Spectrum Ebola Therapy](https://longbridge.com/en/news/287076761.md) - [Hisense Home Appliances Deploys RMB1.81 Billion into Chongqing Trust Wealth Products](https://longbridge.com/en/news/286888326.md) - [Strix Discloses Trust-Led Share Tender by Non-Executive Director](https://longbridge.com/en/news/286884952.md) - [Indonesia’s investment app Pluang raises $10M, expands into equities marketGrows**](https://longbridge.com/en/news/286855201.md) - [US working with small biotech firm on experimental Ebola treatment, Bloomberg News reports](https://longbridge.com/en/news/287108072.md)