ZWEE invests RMB6 billion in new metal material project
2020-02-27 15:32:47 [Print]
On February 26, Zhengwei Electronics Co
With total investment estimated at RMB6 billion (USD855 million), the project covers an area of about 1,000mu and consists of several smaller projects including new metallic material project and other associated projects. The new metallic material project is to be built in two stages and will produce 250,000tpy of low-oxygen bare bright copper rod and wires through continuous casting and rolling process, overhead conductors for electrified railways and precision copper wire, and about 60,000tpy of precision copper foil, flexible copper clad laminate, monocrystal nanowire, etc . Upon completion of the project, it is expected to realize annual output value of over 30 billion yuan (4 . 27 billion US dollars).
. , Ltd . (ZWEE) held the launching ceremony for Fuan Zhengwei Electronic Information New Material Tech City ("the project") at Shangtang Industrial Park in Gantang, Fuan, Fujian.With total investment estimated at RMB6 billion (USD855 million), the project covers an area of about 1,000mu and consists of several smaller projects including new metallic material project and other associated projects. The new metallic material project is to be built in two stages and will produce 250,000tpy of low-oxygen bare bright copper rod and wires through continuous casting and rolling process, overhead conductors for electrified railways and precision copper wire, and about 60,000tpy of precision copper foil, flexible copper clad laminate, monocrystal nanowire, etc . Upon completion of the project, it is expected to realize annual output value of over 30 billion yuan (4 . 27 billion US dollars).