Kang Sheng plans to expanded production base with one billion

Kang Sheng announced that the company has signed “Investment Promotion Agreement” with Anhui Jin An economic zone administration committee. It plans to build a production base in Anhui Jin An economic zone administration committee, and the total investment will be one billion.

According to the announcement, the company plans to get an area about 513.3mu land what property are state-owned and industrial using through the way of bidding. According to agreement, investment intensity is not less than RMB $1.5 million yuan, fixed assets investment is 600 million yuan. The main products include steel and copper products, aluminum and copper products and electric car accessories etc

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