# Xinghe Shares starts third phase of electric power equipment industrial park

Xinghe Shares (Hubei Xinghe Electric Power New Material Co., Ltd.) has started construction of the third phase of its Xinghe Electric Power Equipment Industrial Park in Huanggang, China. The third phase, the Xinghe Hi-tech Superconducting Material Project, covers 30,000 square meters and includes a production line for rare earth superconducting alloy materials and an UHV electric power fittings production line. Total investment in the park is 500 million yuan.

- Type: Expansion
- Announced: 2020-07-10
- Where: Huanggang Industrial Park, National Huanggang High-tech Development Zone, Hubei, China
- Value: $71.4M (500.0M CNY)
- Status: under construction
- Products: electric power equipment, insulated busbars, cables, superconducting alloy materials, UHV power fittings
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hubei Xinghe Electric Power New Material](https://endata.com/companies/48479.md)

## Sources

- [hbxhgf.com](https://www.hbxhgf.com/en/index.php?id=168), 2020-07-10: "The third phase is xinghe Hi-tech Superconducting Material Project, which is planned to start construction in 2020 and cover an area of 30,000 square meters."

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