China RE Dongyang permanent magnet motor project set in Changshu national high-tech zone
2019-05-17 16:14:52 [Print]
On May 14, the China RE permanent magnet motor project was officially signed and set in Changshu national high-tech zone.
The project is planned to be implemented in three phases. It will build a plant of 20,000 square meters in the first phase, with an annual output of 200,000kW (5,000 units) for industrial energy-efficient permanent magnet motors; the second phase will expand five times production capacity based on the first phase; it will produce new energy vehicle driving motor in the third phase. After the project is fully put into production, it's estimated that the annual sales would exceed RMB1 billion and the tax payment would be over RMB50 million.
The project is planned to be implemented in three phases. It will build a plant of 20,000 square meters in the first phase, with an annual output of 200,000kW (5,000 units) for industrial energy-efficient permanent magnet motors; the second phase will expand five times production capacity based on the first phase; it will produce new energy vehicle driving motor in the third phase. After the project is fully put into production, it's estimated that the annual sales would exceed RMB1 billion and the tax payment would be over RMB50 million.
