Huahong Technology to invest RMB250 million in building 4,000tpy high-performance magnetic material project
2022-10-10 16:01:07 [Print]
On September 29, Huahong Technology announced that, to further enhance the company's NdFeB magnetic material production capacity and technical level, its fully owned subsidiary Zhejiang ZOEHIGH New Material Technology Co
. , Ltd . plans to set up a fully owned new subsidiary Ningbo ZOEHIGH New Materials Co . , Ltd . in Hangzhou Bay New Zone, Ningbo to run investment and construction of a 4,000tpy high-performance magnetic material project . Total planned investment for the project is RMB250 million (USD35 . 15 million).