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GONVVAMA signed an investment memorandum on August 7, 2026, for a Phase IV expansion of its Loudi plant in China, with a total investment of 105 million yuan. The project will add a 5,000-square-metre workshop and two intelligent production lines for high-end auto component processing.
“With the official signing of the investment memorandum, the Phase‑IV expansion project with a total investment of 105 million yuan has been confirmed for implementation”gonvvama.com
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