# Pangyuan Leasing to build intelligent equipment maintenance base in Chengdu

Pangyuan Leasing, a subsidiary of Construction Machinery, is investing CNY 100.54 million to build an intelligent equipment maintenance and remanufacturing base in Jintang County, Chengdu, Sichuan. The project has a 2-year construction period, with production starting in year 3 and full capacity in year 5, achieving annual capacity of 500 tower cranes remanufactured and 500 tower cranes leased.

- Type: Investment
- Announced: 2021-06-04
- Where: Jintang County, Chengdu, Sichuan, China
- Value: $15.7M (100.5M CNY)
- Starts operating: 2023
- Status: announced
- Capacity: 500 tower cranes remanufactured per year, 500 tower cranes leased per year
- Products: tower crane remanufacturing and leasing
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Construction Machinery](https://endata.com/companies/55607.md)
- [Pangyuan Leasing](https://endata.com/companies/55608.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/488463.html), 2021-06-04: "全资子公司庞源租赁在四川省成都市金堂县工业集中发展区投资建设庞源工程装备智能装备维修再制造生产基地项目，项目预计投资金额100,540万元。"

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