# Dongya Machinery to invest 733 million yuan in air compressor plant in Xiamen

Dongya Machinery (301028.SZ) plans to invest RMB 733 million to build an air compressor manufacturing base in Tongan High-tech Zone, Xiamen. Construction is expected to be completed before 1 January 2025.

- Type: Investment
- Announced: 2022-08-29
- Where: Tongan High-tech Zone, Xiamen, China
- Value: $108.0M (733.0M CNY)
- Status: announced
- Products: air compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Dongya Machinery](https://endata.com/companies/9629.md) (investor)

## Sources

- [zhitongcaijing.com](https://www.zhitongcaijing.com/content/detail/783086.html), 2022-08-29: "公司拟投资建设空压机制造基地工程项目，项目拟投资总金额为人民币7.33亿元。"

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