--- 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) generator: "portal-rs" --- # 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 - [13:39 ETTEAMSTERS, SEN. SANDERS DEMAND ANSWERS ON ST. ALBANS CREAMERY SHUTDOWN PLAN](https://longbridge.com/en/news/296523635.md) - [JDC: Record growth in turnover and EBITDA, with strong outlook driven by new regulation and AI](https://longbridge.com/en/news/296247395.md) - [Demant hearing care chief Niels Wagner sells shares worth DKK 1.47 million](https://longbridge.com/en/news/296345010.md) - [01:33 ETMagIron Demonstrates Excellent Direct Reduction Pellet Quality in Latest Test Program](https://longbridge.com/en/news/296439181.md) - [Butler National Wins Three-Year Extension to Manage Kansas Sports Wagering, Retains 90% Revenue Share](https://longbridge.com/en/news/296516585.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**