# Zhejiang Chaoda begins 2万t precision casting and forging plant in Lishui, 1.12B yuan

Zhejiang Chaoda Precision Manufacturing's 20,000-tonne precision casting and forging project in Lishui has topped out its first phase, with total investment of 1.12 billion yuan. Phase one is scheduled to start production by August 2025 and reach annual output value of nearly 400 million yuan.

- Type: New facility
- Announced: 2025-01-20
- Where: Lishui, Zhejiang, China
- Value: $154.0M (1.12B CNY)
- Status: under construction
- Capacity: 20,000 tonnes per year of precision castings and forgings
- Products: industrial valves, precision castings and forgings
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Zhejiang Chaoda Precision Manufacturing](https://endata.com/companies/12684.md)

## Sources

- [shifair.com](https://www.shifair.com/informationDetails/311165.html), 2025-01-20: "一期主体工程已于2025年1月8日正式结顶，计划2025年8月前投产。"

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