Yitong New Materials to build green energy equipment factory in Hangzhou

Yitong New Materials will spend CNY768 million to build a green energy equipment factory in Hangzhou, producing 20,000 units of main bearings for wind turbines and hydroelectric plants per year. The project is expected to be ready in 24 months.

“The maker of alloy materials will produce 20,000 units of main bearings for wind turbines and hydroelectric power plants, as well as other renewable energy equipment in the new factory per year.”yicaiglobal.com

• 1 source
• yicaiglobal.comChina's Yitong Surges on USD120.8 Million Plan to Quadruple Net ProfitTang ShihuaJan 28, 2022

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