Freewon's subsidiary plans to invest 500 million yuan to build a high-end wire material project for strong core temperature treatment
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Freewon's subsidiary, Qiangxin Technology, plans to invest 500 million yuan to build a high-end wire material project with isothermal treatment in Nantong High-tech Zone. The project construction period is 26 months, and it is expected to be completed by the end of March 2028. This project will enhance the company's research and development and production capabilities in the field of ultra-high strength and high toughness steel wire, optimize the business structure, and improve sustainable development capabilities
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