MLD to invest up to 1 billion yuan in building new energy key parts project (phase I)

MLD announced on December 19 that Zhaoqing Minglida, a wholly-owned sub-subsidiary of the company, planned to sign an investment contract with the Management Committee of Zhaoqing Hi-tech Industrial Development Zone to build the first phase of the intelligent manufacturing project of key energy components in the north of Dongli Street of Zhaoqing Hi-tech Zone.Asian Metal CopyrightMLD announced on December 19 that Zhaoqing Minglida, a wholly-owned sub-subsidiary of the company, planned to sign an investment contract with the Management Committee of Zhaoqing Hi-tech Industrial Development Zone to build the first phase of the intelligent manufacturing project of key energy components in the north of Dongli Street of Zhaoqing Hi-tech Zone.Asian Metal Copyright According to the preliminary calculation, the maximum investment of the project will be no more than 1 billion yuan (143 million US dollars), of which 350 million yuan (50.Asian Metal Copyright According to the preliminary calculation, the maximum investment of the project will be no more than 1 billion yuan 143 million US dollars, of which 350 million yuan 50.Asian Metal Copyright15 million US dollars) will be invested in fixed assets.
.Asian Metal CopyrightMLD announced on December 19 that Zhaoqing Minglida, a wholly-owned sub-subsidiary of the company, planned to sign an investment contract with the Management Committee of Zhaoqing Hi-tech Industrial Development Zone to build the first phase of the intelligent manufacturing project of key energy components in the north of Dongli Street of Zhaoqing Hi-tech ZoneAsian Metal Copyright