--- title: "Yongmaotai: Plans to invest USD 50 million to build a precision machining project for lightweight automotive components in Indonesia" type: "News" locale: "en" url: "https://longbridge.com/en/news/236554270.md" description: "Yongmaotai plans to establish two wholly-owned subsidiaries in Singapore through its wholly-owned subsidiary and invest USD 50 million in Indonesia to build a lightweight automotive parts precision processing project. The project is expected to produce approximately 5 million turbocharger housings annually, with a construction period of 1 year, but it requires approval from multiple governments, which introduces uncertainty" datetime: "2025-04-18T09:41:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/236554270.md) - [en](https://longbridge.com/en/news/236554270.md) - [zh-HK](https://longbridge.com/zh-HK/news/236554270.md) generator: "portal-rs" --- # Yongmaotai: Plans to invest USD 50 million to build a precision machining project for lightweight automotive components in Indonesia Yongmaotai announced that the company plans to establish two wholly-owned subsidiaries in Singapore through its wholly-owned subsidiary Anhui Yongmaotai Automotive Parts Co., Ltd., and to invest in the construction of a lightweight automotive parts precision processing production line project in Indonesia through the Singapore subsidiary. The total investment for the project is expected to be USD 50 million, and upon completion, it will have an annual production capacity of approximately 5 million turbocharger housings. The project requires approval/filing and/or other administrative procedures from the governments of China, Singapore, and Indonesia, and there is uncertainty regarding whether these can be completed smoothly. The construction period for the project is expected to be 1 year ### Related Stocks - [605208.CN](https://longbridge.com/en/quote/605208.CN.md) ## Related News & Research - [If rising rates were enough to end a bull market, we'd have entered a bear market long ago](https://longbridge.com/en/news/296525002.md) - [Trump says data centers maybe ‘could use a little public relations help’](https://longbridge.com/en/news/296402760.md) - [ONAR Holding Corporation reports Q2 results](https://longbridge.com/en/news/296441410.md) - [Exclusive: Marjorie Taylor Greene Warns Social Security Will Go ‘Bankrupt’—But Wall Street CIO Backs Scott Bessent Amid 30-Year Yield Surge](https://longbridge.com/en/news/296329487.md) - [FMR trims Irish Residential Properties REIT stake below 8% to 7.95%](https://longbridge.com/en/news/296505561.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**