HDHM: Subsidiary to construct high-end stainless steel deep processing industry park

On the evening of 14 September, HDHM announced that its holding subsidiary Huashangtong signed an investment agreement with the management committee of Hai'an Economic and Technological Development Zone and Tenghai Investment on 11 September on the construction of high-end stainless steel deep processing industry park project in Hai'an Economic and Technological Development Zone.Asian Metal Copyright According to the planning, the park will record an annual sales revenue of around RMB10 billion USD1.Asian Metal Copyright With a planned investment of about RMB600 million (USD88.Asian Metal Copyright .Asian Metal Copyright49 million), the project will construct approximately 50,000 square meters of new workshops in one year.Asian Metal Copyright With a planned investment of about RMB600 million USD88.Asian Metal Copyright According to the planning, the park will record an annual sales revenue of around RMB10 billion (USD1.Asian Metal Copyright49 million, the project will construct approximately 50,000 square meters of new workshops in one year.Asian Metal Copyright47 billion) and profit tax of around RMB200 million (USD29.Asian Metal Copyright With a planned investment of about RMB600 million USD88.Asian Metal Copyright50 million) after reaching designed production capacity.
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