SHANGHAI, Feb. 1 (SMM) –China Zhongwang Holdings is planning to build an aluminum-body automobile production base in Yingkou City, Liaoning, local media reported.
The project, with planned investment at 6 billion yuan ($913 million), is scheduled to enter operations in October 2017, the media added.
The project will be built in two phases, with investment in the first phase at 3 billion yuan and annual vehicle production at 50,000 units. The project mainly produces aluminum-body oil tanks, aluminum fire fighting trucks, etc, the media said.
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn