Zhejiang Huaye (301616.SZ) Plans to Implement Muao Production Base Project (Phase 2) Capacity Expansion

LootboxPhobia · 2026-03-22T09:13:41+00:00

Zhejiang Huaye plans to invest 1.492 billion yuan to build the Mu'ao production base project, which will be carried out in two phases. The second phase is planned to invest 1.094 billion yuan, with the goal of increasing production capacity through automation equipment, overcoming capacity bottlenecks, and enhancing market competitiveness.

LootboxPhobia

2026-03-22 09:13:41

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Zhitong Finance APP News, Zhejiang Huaye (301616.SZ) announced that the company plans to invest in the construction of the Mu’ao Production Base Project. The total investment for the Mu’ao Production Base Project is 1.492 billion yuan, divided into the approved Phase I Production Base Construction Project (referred to as “Phase I”) and the planned Phase II Mu’ao Production Base Project (referred to as “Phase II”). The current plan is to implement Phase II of the Mu’ao Production Base Project, which will expand the production base based on the funds raised for project construction. By purchasing advanced automated and intelligent equipment, the project aims to build an efficient and flexible production line. The total planned investment for Phase II is 1.094 billion yuan.

According to the announcement, Phase II involves building a digital factory for screw barrels, creating an efficient and flexible production line, enhancing the production capacity of screws, barrels, and collet chucks, breaking through capacity bottlenecks, seizing market development opportunities, and increasing market share and market penetration.

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