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Zhejiang Kangnuo Auto Parts Co., Ltd. signed a project agreement with the municipal government on March 8, 2021, to build a facility producing 2.2 million aluminum wheels and 30,000 tons of aluminum sheet annually, with a total investment of 310 million yuan ($47.74 million).
“With a total investment of 310 million yuan (47.74 million US dollars), the project will produce 2.2 million aluminum wheels and 30,000 tons of aluminum sheet annually after completion.”cnspipes.com
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