# Zhongmi Holding plans equipment purchases to expand seal capacity at Riji and Huayang

Zhongmi Holding said it plans to buy production equipment for its Riji Seal and Huayang Seal units to expand capacity, with about 15 million yuan of new investment. The added capacity is expected to generate 100-200 million yuan in annual output value.

- Type: Expansion
- Announced: 2021-06-18
- Where: China
- Value: $2.30M (15.0M CNY)
- Status: announced
- Capacity: expected annual output value of 100-200 million yuan
- Products: mechanical seals
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Zhongmi Holding](https://endata.com/companies/8119.md)
- [Riji Seal](https://endata.com/companies/8120.md)
- [Huayang Seal](https://endata.com/companies/8121.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/499460.html), 2021-06-23: "准备在日机密封及华阳密封购置生产设备，比如目前准备在华阳密封和日机密封新增生产设备投入大概在1500万"

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