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Golden Empire Precision Machinery Technology will invest CNY 300 million in a new factory in Ma'anshan, Anhui, and CNY 530 million in another in Liaocheng, Shandong, to produce high-end precision components for new energy equipment.
“Golden Empire Precision Machinery Technology said the Chinese firm will invest CNY1.1 billion to build two factories for core precision machinery components for new energy clients.”yicaiglobal.com
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