# Yongchuang Intelligent to invest 501M yuan in packaging equipment plant

Yongchuang Intelligent signed an agreement with Changxing Economic and Technological Development Zone to invest about 501 million yuan in a new facility producing 40,000 sets of packaging equipment annually.

- Type: Investment
- Announced: 2021-09-13
- Where: Changxing Economic and Technological Development Zone, Zhejiang, China
- Value: $77.5M (501.0M CNY)
- Status: announced
- Capacity: 40,000 sets of packaging equipment per year
- Products: packaging equipment
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Yongchuang Intelligent](https://endata.com/companies/57868.md)

## Sources

- [clima.org.cn](http://clima.org.cn/news/show-8222.html), 2021-09-22: "公司拟通过在长兴经济技术开发区设立全资子公司，投资建设'年产 4万台套包装设备建设项目'"

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