# Zhenhong buys CNY125M permanent valve-ball manufacturing base in Wenzhou

Zhenhong bought a 30,000 square metre permanent manufacturing base in the Wenzhou Airport Industrial Zone for CNY125 million (about USD20 million). It plans to move there by May 2022 and consolidate its existing plants.

- Type: New facility
- Announced: 2020-10-07
- Where: Wenzhou, Zhejiang, China
- Value: $20.0M (125.0M CNY)
- Status: announced
- Products: valve balls
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Zhenhong](https://endata.com/companies/7094.md)

## Sources

- [zhvalveball.com](https://www.zhvalveball.com/news/zhenhong-invested-usd20-million-for-new-permanent-valve-ball-manufacturing-base-159714.html), 2020-10-07: "Zhenhong spend CNY125,000,000 (about USD20 million) bought a 30,000㎡ permanent manufacturing base, the new plant located in the Wenzhou Airport Industrial Zone."

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