# Changgao Electric invests CNY 270 million in Wangcheng base upgrade

Changgao Electric (002452.SZ) announced a CNY 270 million investment to upgrade and expand its Wangcheng production base in Hunan, China, with a 36-month construction period.

- Type: Expansion
- Announced: 2024-01-12
- Where: Wangcheng, Hunan, China, China
- Value: $37.5M (270.0M CNY)
- Status: announced
- Products: power transmission and distribution equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Changgao Electric](https://endata.com/companies/15551.md)

## Sources

- [zhitongcaijing.com](https://www.zhitongcaijing.com/content/detail/1054652.html), 2024-01-12: "公司拟投资望城生产基地提质改扩建项目，项目总投资2.7亿元，建设期36个月。"

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