On February 18th, Jinshi Data News, Xinhongze announced in the evening that the company plans to invest 60 million yuan of its own funds to upgrade and transform its existing production line, with 12 million yuan for plant expansion and renovation, and 48 million yuan for equipment renewal and procurement. The project is expected to be completed by December 2025.
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Xin Hongze: It is planned to invest 60 million yuan to upgrade and transform the existing production line
On February 18th, Jinshi Data News, Xinhongze announced in the evening that the company plans to invest 60 million yuan of its own funds to upgrade and transform its existing production line, with 12 million yuan for plant expansion and renovation, and 48 million yuan for equipment renewal and procurement. The project is expected to be completed by December 2025.