# Shandong Zhongji Luyuan to invest 400M yuan in rebar processing equipment plant

Shandong Zhongji Luyuan Machinery Co., Ltd. will invest 400 million yuan to build a facility for R&D and production of intelligent CNC steel bar processing equipment in Jining, China. The project will include five digital assembly lines and produce 300 CNC bending machines and 260 cage rolling machines annually.

- Type: New facility
- Announced: 2026-03-04
- Where: Jining, Shandong, China, China
- Value: $55.4M (400.0M CNY)
- Status: announced
- Capacity: 300 CNC steel bar bending machines and 260 CNC reinforcement cage rolling machines per year
- Products: intelligent CNC steel bar processing equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Shandong Zhongji Luyuan Machinery Co., Ltd.](https://endata.com/companies/85990.md)

## Sources

- [luyuanmachine.com](https://www.luyuanmachine.com/company-news/400m-yuan-investment.html), 2026-03-04: "The project will be developed by Shandong Zhongji Luyuan Machinery Co., Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.