# H&T to invest 400M yuan in manufacturing base in Fuzhou

Shenzhen H&T Intelligent Control (002402.SZ) will invest 400 million yuan through its subsidiary Fuzhou H&T to build a manufacturing base in Fuzhou High-tech Development Zone for smart controllers and smart hardware. The project is expected to generate annual output of 1 billion yuan.

- Type: New facility
- Announced: 2021-08-17
- Where: Fuzhou High-tech Development Zone, Jiangxi, China
- Value: $61.8M (400.0M CNY)
- Status: announced
- Products: smart controllers, smart hardware
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Shenzhen H&T Intelligent Control](https://endata.com/companies/57138.md)
- [Fuzhou H&T](https://endata.com/companies/57139.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/537489.html), 2021-08-17: "本次投资建设制造基地项目总额为4亿元，其中固定资产投资2亿元，项目投产后主要用于智能控制器及智能硬件生产制造"

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