# Jiangsu Xinhongda starts construction of CNY 5.2 billion mining equipment plant in Daizhen

Jiangsu Xinhongda Group started construction of a mining intelligent complete equipment manufacturing project in Daizhen, with total investment of CNY 5.2 billion (phase 1: CNY 2.5 billion). The plant will produce 30 large mining intelligent complete equipment sets and high-end filter presses annually.

- Type: New facility
- Announced: 2026-04-28
- Where: Daizhen, Xinghua, Jiangsu, China
- Value: $720.0M (5.20B CNY)
- Status: under construction
- Capacity: 30 large mining intelligent complete equipment sets and high-end filter presses per year
- Products: mining intelligent complete equipment, high-end filter presses
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Jiangsu Xinhongda Group](https://endata.com/companies/91609.md)

## Sources

- [finance.sina.com.cn](https://finance.sina.com.cn/money/future/wemedia/2026-04-29/doc-inhwckrq6847296.shtml), 2026-04-29: "新宏大矿山用智能成套装备制造项目正式开工。"
- [en.wedoany.com](https://en.wedoany.com/shortnews/155108.html), 2026-04-29: "The project has a total investment of 5.2 billion yuan, with 2.5 billion yuan allocated for Phase I."

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