HAOWU's subsidiary plans to invest 200 million yuan to build a production line with an annual capacity of 600,000 new energy vehicle crankshafts
According to the announcement from HAOWU, the company's wholly-owned subsidiary Neijiang Jinhong Crankshaft Co., Ltd. (referred to as "Jinhong Company") will invest 200 million yuan of its own funds to build a crankshaft production line with an annual capacity of 600,000 units for new energy vehicles. Jinhong Company will utilize existing factory buildings and purchase 82 sets of new equipment, as well as construct two new CNC crankshaft production lines, with an expected construction period of 16 months. Once the project is completed, the company's crankshaft production capacity will be further enhanced
According to the Zhitong Finance APP, HAOWU (000757.SZ) announced that its wholly-owned subsidiary Neijiang Jinhong Crankshaft Co., Ltd. (referred to as "Jinhong Company") will invest 200 million yuan of its own funds to build a production line for new energy vehicle crankshafts with an annual capacity of 600,000 units. Jinhong Company will utilize existing factory buildings, purchase 82 new sets of equipment, and construct two new CNC crankshaft production lines, with an expected construction period of 16 months. Once the project is completed, the company's crankshaft production capacity will be further enhanced
