Lizhong Group to build NEV parts project with 810 million yuan

Lizhong Group announced on February 14 that Baotou Shengtai Auto Parts Manufacturing Co.Asian Metal Copyright and Sitong Baotou Rare Earth New Material Co.Asian Metal Copyright, Ltd.Asian Metal Copyright17 million US dollars for fixed assets and about 405 million yuan 59.Asian Metal Copyright and Sitong (Baotou) Rare Earth New Material Co.Asian Metal Copyright5 million Green ultra-light aluminum alloy wheels in Donghe District.Asian Metal Copyright, Ltd.Asian Metal Copyright The investment is 810 million yuan 118 million US dollars, including about 405 million yuan 59.Asian Metal Copyright, two wholly-owned subsidiaries of the company, signed an investment agreement with the government of Donghe District, Baotou, planning to build a project with an annual production capacity of 5 million new energy vehicle (NEV) lightweight parts and a project with an annual production capacity of 1.Asian Metal Copyright17 million US dollars for working capital.Asian Metal Copyright5 million Green ultra-light aluminum alloy wheels in Donghe District.Asian Metal CopyrightLizhong Group announced on February 14 that Baotou Shengtai Auto Parts Manufacturing Co.Asian Metal Copyright The investment is 810 million yuan (118 million US dollars), including about 405 million yuan (59.Asian Metal Copyright, Ltd.Asian Metal Copyright17 million US dollars) for fixed assets and about 405 million yuan (59.Asian Metal Copyright The investment is 810 million yuan 118 million US dollars, including about 405 million yuan 59.Asian Metal Copyright17 million US dollars) for working capital.
.Asian Metal Copyright5 million Green ultra-light aluminum alloy wheels in Donghe DistrictAsian Metal Copyright