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HRC signed an investment agreement with the Changshu local government to establish a serial production center for advanced composite parts for the aeronautic and railway industries. Phase I will have a production area of 20,000 sqm with a registered capital of USD 33.8 million.
“HRC has officially signed a new investment agreement with the local government to invest and establish a brand-new serial production center for the manufacturing of advanced composite parts.”grouphrc.com
Summarized from public sources; check the original articles before acting on it.