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Mingdian Group held a groundbreaking ceremony for a new power equipment production base in Wutang Industrial Zone, Nanning, Guangxi. The project involves a total investment of approximately 500 million yuan and will produce intelligent switchgears, box-type substations, and energy-saving transformers.
“The total investment of the project is approximately 500 million yuan. Upon completion and operation, the project is expected to achieve an annual industrial output value of over 1 billion yuan.”gxmdglobal.com
Summarized from public sources; check the original articles before acting on it.