Mg-alloy material and product project to be built in Huaihua Hi-tech Zone
2020-09-03 17:42:40 [Print]
On the morning of August 31, Changsha New Material Industry Institute Co
With a total investment of about RMB1.5 billion (USD0 . 22 billion) and a land area of about 20 hectares, the project will focus on production of deformed Mg-alloy products and cast Mg-alloy products for military applications, and will build itself into an industrial park focusing on integration of military- and civil- purposes technologies . The project will be built in three phases and is expected to reach an annual sales revenue of RMB3 billion (USD0 . 44 billion) when going into full operation.
. , Ltd . signed a cooperation agreement with Huaihua Hi-tech Industrial Development Zone, indicating that a Mg-alloy material and product project will be built in the Huaihua Hi-tech Zone. With a total investment of about RMB1.5 billion (USD0 . 22 billion) and a land area of about 20 hectares, the project will focus on production of deformed Mg-alloy products and cast Mg-alloy products for military applications, and will build itself into an industrial park focusing on integration of military- and civil- purposes technologies . The project will be built in three phases and is expected to reach an annual sales revenue of RMB3 billion (USD0 . 44 billion) when going into full operation.