Construction of Kowloon Wanbote aluminum new material project started

Published: Sep 29, 2020 10:25
Source: Kowloon Wanbo

SMM: September 28th, Chongqing Jiulong Wanbo New material Technology Co., Ltd. special aluminum new materials project in Jiulong Garden, Jingkai District, Wanzhou. Mo Gongming, member of the standing committee of the municipal party committee and secretary of the Wanzhou district party committee, announced the start of the project

The Jiulong Wanbote aluminum new material project is a key industrial project at the municipal level, with an investment of 7.5 billion yuan. It is planned to be completed and put into production in the fourth quarter of 2021. After completion, the annual output value is expected to reach 11 billion yuan and more than 1000 new jobs will be created.

Before the opening ceremony, Mo Gongming met with the responsible persons of relevant enterprises and units who participated in the project start-up activities in Laiwan. He said: the construction of the two-city economic circle in Chengdu and Chongqing and the coordinated development of "one district and two groups" in Chongqing have brought new historical opportunities for Wanzhou to leapfrog and upgrade, and it is the right time and right time for entrepreneurs to come to Wanzhou to invest and start a business. The Jiulong Wanbo aluminum new material project meets the market demand and the industrial development plan of Wanzhou. We hope to promote the project construction with high quality and high standards to ensure early completion, early production and early results. Wanzhou District will further consolidate the foundation of industrial development, create a good business environment, do a good job in security and coordination, and strive to achieve win-win cooperation and common development.

The person in charge of the project owner unit, cooperation unit and construction unit respectively delivered a speech at the opening ceremony, saying that they would gather superior forces and resources, strive to build a modern, intelligent, garden-like factory, and build a green circular low-carbon enterprise. to make positive contributions to the economic and social development of Wanzhou.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
19 mins ago
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Read More
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Federal Reserve Governor Milan pointed out that it is necessary for the US Fed to cut interest rates by more than 100 basis points this year. At the same time, he is very much looking forward to the performance of Kevin Warsh as Fed Chairman. However, Richmond Fed President Barkin emphasized that monetary policy must remain cautious until inflation fully pulls back to the target level, thereby ensuring the stability of the labour market.
19 mins ago
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
21 mins ago
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Read More
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
All 11 Democratic members of the US Senate Banking Committee jointly sent a letter to the committee's chairman, Tim Scott, requesting that all nomination processes for the prospective Fed Chairman, Kevin Warsh, be postponed until the criminal investigation into current Fed Chairman Powell and other board members is concluded. However, Scott stated that Warsh's confirmation was a done deal.
21 mins ago
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
21 mins ago
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Read More
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
The US Fed has announced that it will maintain the capital levels of large banks unchanged during the upcoming stress test cycle (corresponding to the 2026 cycle). At the same time, the US Fed is planning multidimensional reforms to this annual test, aiming to enhance its transparency. The US Fed's Vice Chair for Supervision, Bowman, revealed that adjustments to the stress capital buffer requirements for large banks will be postponed until 2027. This move is intended to provide the US Fed with sufficient time to evaluate potential flaws that may be exposed in its testing models when assessing banks' financial conditions under simulated economic downturn scenarios.
21 mins ago
Construction of Kowloon Wanbote aluminum new material project started - Shanghai Metals Market (SMM)