Wanji Holding starts to construct double-zero foil aluminum cast-rolling ingot project
2020-09-07 17:51:17 [Print]
In order to maintain the stability of the industrial chain and supply chain in the post-epidemic period and win the initiative of sustainable and high-quality development in the long run, Wanji Holding Group Co., Ltd. started to construct the high-end double-zero foil aluminum cast-rolling ingot project with an annual output of 120,000 tons on September 1st.
This project is located in the secondary branch of the company, invested with RMB450 million (USD65.88 million) and covering an area of 93mu. It would include 10 casting and rolling lines and use aluminum liquid as the main raw material to provide high quality aluminum ingot for the Wanji Aluminum Processing Company. With a construction period of one year, the project would achieve sales revenue of RMB1,800 million (USD264 million) and profit and tax of RMB48 million (USD7.03 million).
This project is located in the secondary branch of the company, invested with RMB450 million (USD65.88 million) and covering an area of 93mu. It would include 10 casting and rolling lines and use aluminum liquid as the main raw material to provide high quality aluminum ingot for the Wanji Aluminum Processing Company. With a construction period of one year, the project would achieve sales revenue of RMB1,800 million (USD264 million) and profit and tax of RMB48 million (USD7.03 million).
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