# Triangle Defense to build precision forging production line in Xi'an

Xi'an Triangle Defense Incorporated plans to establish a joint venture, Xi'an Sanzhong Aviation Technology Co., Ltd., to build a 1000MN/1250MN precision intelligent forging production line. The company will invest 390 million RMB for a 43.33% stake.

- Type: New facility
- Announced: 2024-08-12
- Where: Xi'an, China
- Value: $54.2M (390.0M CNY)
- Status: announced
- Capacity: 1000MN/1250MN precision intelligent forging production line
- Products: precision forged aerospace parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Xi'an Triangle Defense](https://endata.com/companies/55780.md)
- [Xi'an Xi Investment Management Co., Ltd.](https://endata.com/companies/79112.md) (investor)
- [Xi'an Gong Chuang Investment Co., Ltd.](https://endata.com/companies/79113.md) (investor)
- [Xi'an Aviation Industry Investment Co., Ltd.](https://endata.com/companies/79114.md) (investor)

## Sources

- [news.futunn.com](https://news.futunn.com/en/post/46376142/xi-an-triangle-defense-300775-sz-plans-to-establish-a), 2024-08-12: "This joint venture investment... to build a 1000MN/1250MN precision intelligent forging production line."

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