On May 17, Yinzhou District held a promotion meeting for overseas Chinese leaders and businessmen from Central and Eastern European countries to enter Yinzhou and Yinzhou District investment environment. At the meeting, a total of 20 major projects were signed, involving new materials, port and shipping logistics, finance and securities, modern commerce and other fields, with a total investment of about 17.5 billion yuan.
These include a new material manufacturing project of recycled aluminium alloy for new energy vehicles with an annual output of 700,000 mt.
The investment of the project is around 2.6 billion yuan. After reaching full capacity, annual output value is expected to exceed 10 billion yuan.
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