Zhongfei Co., Ltd. plans to invest 45 million yuan to invest in aluminum alloy parts
Zhongfei Co., Ltd. announced on August 20, 2015 that it will hold the twelfth meeting of the second board of directors on August 19, 2015, and reviewed and approved the feasibility of the wholly-owned subsidiary < aluminum alloy parts machining project Research Report > and the Proposal on Its Investment. The total investment estimate of the aluminum alloy parts machining project to be invested by Baoji Zhongfei Hengli Machinery Co., Ltd. (hereinafter referred to as “Zhongfei Hengli”), a wholly-owned subsidiary, is estimated to be RMB 45.80 million. The required funds are proposed by Zhongfei Hengli. Self-raised.

Zhongfei Hengli has been engaged in the mechanical processing of aluminum alloy parts for aluminum alloy parts for nuclear fuel processing equipment for many years, and has accumulated rich experience in quality control, production technology and technical research. The existing leased site conditions and equipment capacity factors restrict the company's industrial production, require new production sites and equipment for development and trial production, and also reserve space for the company's future development.

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