# Jinbei Electric Wire Hengyang Cable starts expansion project worth over CNY 400 million

Jinbei Electric Wire Hengyang Cable Co., Ltd. started construction on an expansion project with a total investment of over CNY 400 million. The project will add 120,000 km of annual production capacity for environmentally friendly wires and is expected to generate CNY 700 million in new sales revenue.

- Type: Expansion
- Announced: 2022-04-19
- Where: Hengyang, Hunan, China, China
- Value: $60.0M (400.0M CNY)
- Status: under construction
- Capacity: 120,000 km of environmentally friendly wires per year
- Products: environmentally friendly wires, lightweight aluminum alloy wire harnesses for new energy vehicles
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Jinbei Electric Wire Hengyang Cable Co., Ltd.](https://endata.com/companies/62417.md)

## Sources

- [hengyang.gov.cn](https://www.hengyang.gov.cn/xxgk/dtxx/hydt/20220421/i2669923.html), 2022-04-21: "总投资超4亿元，占地68.5亩的金杯电工衡阳电缆有限公司扩建项目开工。"

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