# Zhongde Aoruike Elevator breaks ground on $225M R&D base in Haikou, Hainan

Zhongde Aoruike Elevator (Aoruike Elevator) held a groundbreaking ceremony for its R&D and manufacturing base in Haikou National High-tech Zone. The project involves a total investment of 1.5 billion yuan (about $225 million) and is expected to produce 20,000 elevators annually and create 2,000 jobs.

- Type: New facility
- Announced: 2017-08-18
- Where: Haikou, Hainan, China
- Value: $225.0M (1.50B CNY)
- Jobs: 2,000
- Status: under construction
- Capacity: 20,000 elevators per year
- Products: elevators, escalators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Aoruike Elevator](https://endata.com/companies/17540.md)

## Sources

- [i1.ce.cn](http://i1.ce.cn/district/newarea/roll/201708/23/t20170823_25248039.shtml), 2017-08-23: "中德奥瑞克电梯海口公司研发制造基地奠基仪式在海口国家级高新区隆重举行"

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