# Hongde plans 165 million yuan green production upgrade for wind and pump-valve parts

Hongde (301163.SZ) board approved using over-raised funds for a 165 million yuan project in Tongzhou, Jiangsu, to build small and medium high-end components. The project is expected to add 15,000 tonnes per year of key parts for wind power and pumps and valves.

- Type: Investment
- Announced: 2022-05-24
- Where: Tongzhou District, Jiangsu, China
- Value: $24.6M (165.0M CNY)
- Status: announced
- Capacity: 15,000 tonnes per year
- Products: wind power components, pump and valve parts, castings, machined components
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Hongde](https://endata.com/companies/9264.md)

## Sources

- [zhitongcaijing.com](https://www.zhitongcaijing.com/content/detail/727929.html), 2022-05-24: "项目完成后，新增年产15,000.00吨风电、泵阀等关键零部件的产能。"

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