--- title: "Jiangyin Hengrun Heavy Industries plans to invest 1.2 billion yuan to build a project for the annual production of 2,000 sets of wind power gearbox components" type: "News" locale: "en" url: "https://longbridge.com/en/news/245250462.md" description: "Jiangyin Hengrun Heavy Industries announced that its wholly-owned subsidiary, Jiangyin Hengrun Transmission Technology Co., Ltd., plans to invest 1.2 billion RMB to build a project for the annual production of 2,000 sets of wind turbine gearbox components. The project aims to enhance the self-sufficiency capability of core components for wind turbines, will acquire approximately 150 acres of new land, construct about 80,000 square meters of factory space, and introduce various advanced equipment. The project will be built in phases, with the first phase planning to invest 500 million RMB, expected to commence construction in July 2025" datetime: "2025-06-19T09:23:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/245250462.md) - [en](https://longbridge.com/en/news/245250462.md) - [zh-HK](https://longbridge.com/zh-HK/news/245250462.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/245250462.md) | [繁體中文](https://longbridge.com/zh-HK/news/245250462.md) # Jiangyin Hengrun Heavy Industries plans to invest 1.2 billion yuan to build a project for the annual production of 2,000 sets of wind power gearbox components According to the announcement from Hengrun Co., Ltd. (603985.SH), in order to meet the market demand of downstream industries, seize market development opportunities, accelerate the layout of high-reliability wind power gear, and enhance the self-sufficiency capability of core components for wind power units, the company's wholly-owned subsidiary Jiangyin Hengrun Transmission Technology Co., Ltd. (hereinafter referred to as "Hengrun Transmission") plans to invest in the construction of a project for the annual production of 2,000 sets of wind power gearbox components. The total planned investment for the project is 1.2 billion RMB, with approximately 150 acres of new land to be acquired, new factory and auxiliary buildings of about 80,000 square meters to be constructed, and the introduction of imported equipment such as CNC gear grinding machines, CNC machining centers, and coordinate measuring machines, as well as the purchase of domestic equipment such as CNC milling machines, CNC vertical lathes, and carburizing production lines. Upon reaching full production, the project aims to achieve an annual output of 2,000 sets of wind power gearbox components. The project will be constructed in phases, with the first phase planned to invest 500 million RMB and scheduled to commence construction in July 2025 ### Related Stocks - [Jiangyin Hengrun Heavy Industries (603985.CN)](https://longbridge.com/en/quote/603985.CN.md) ## Related News & Research - [Atalaya Mining CFO Increases Stake with Share Purchase](https://longbridge.com/en/news/281540905.md) - [CloudCoCo Chair Lifts Stake to Over 21% in Vote of Confidence](https://longbridge.com/en/news/281552205.md) - [TSA absences fall sharply after US airport security workers get paid](https://longbridge.com/en/news/281209853.md) - [13:00 ETAtlanta Beltline Surpasses Nearly 80 Percent of Affordable Housing Goal Accelerating Pipeline to Meet 2030 Goal](https://longbridge.com/en/news/281653311.md) - [Lymphatic massages: Helpful therapy or just another wellness trend?](https://longbridge.com/en/news/281510336.md)