# Dawn Group breaks ground on CNY 522M stainless steel pump and valve plant in Longkou

Dawn Group held a groundbreaking on July 1, 2024 for a high-end stainless steel pump and valve intelligent manufacturing project in Longkou, run by its joint venture Dawn Precision Intelligent Company. The planned investment is CNY 522 million and the project is due to reach full capacity by January 2026.

- Type: New facility
- Announced: 2024-07-01
- Where: Longkou, Shandong, China
- Value: $72.0M (522.0M CNY)
- Status: under construction
- Capacity: 27,000 tons per year of stainless steel castings
- Products: stainless steel pumps, stainless steel valves, stainless steel castings
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Dawn Group](https://endata.com/companies/12030.md)
- [Dawn Precision Intelligent Company](https://endata.com/companies/12031.md) (investor)
- [Yantai Longgang Pump Industry](https://endata.com/companies/12032.md) (partner)

## Sources

- [en.chinadawn.cn](https://en.chinadawn.cn/show-221-435-1.html), 2024-07-04: "The project has a planned total investment of CNY 522 million, covering an area of 90.79 acres."

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