# Chunxing Precision to invest 200M yuan in mechanical parts precision manufacturing project in Xuancheng

Chunxing Precision (002547.SZ) announced it will sign an investment agreement with Xuancheng Economic and Technological Development Zone to set up a project company and invest 200 million yuan in a 'Mechanical Parts Precision Manufacturing Project'. The project will initially lease existing factory space from Anhui Zhongding Power Co., Ltd.

- Type: Investment
- Announced: 2023-12-08
- Where: Xuancheng Economic and Technological Development Zone, Anhui, China
- Value: $28.0M (200.0M CNY)
- Status: announced
- Products: mechanical parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Chunxing Precision](https://endata.com/companies/74285.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1035661.html), 2023-12-08: "公司在宣城经济技术开发区投资设立一家控股的独立法人企业作为项目公司，并由项目公司在宣城经济技术开发区投资建设“机械零部件精密制造项目”，项目计划投资2亿元。"

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