Veichi Electric to build $69M high-end electrical equipment base in Changzhou

Veichi Electric (688698.SH) announced plans to invest 500 million yuan (approximately $69 million) to build a high-end electrical equipment production base in Changzhou, Jiangsu Province, China. The facility will produce high-voltage inverters and multi-drive inverters.

“项目计划总投资5亿元人民币，用于引进高压电机、变压器、水冷机、振动平台、温箱等设备，主要从事高压变频器、多传变频器等业务。”beta.zhitongcaijing.com

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• beta.zhitongcaijing.com伟创电气(688698.SH)拟在常州投建高端电气装备生产基地项目 总投资5亿元Jan 29, 2024

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