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Yangzhou Forging Machine Tool Co., Ltd. signed a heavy forging equipment manufacturing project with Schuler Group. The project, located in Yangzhou High-tech Zone, involves a total investment of about CNY 500 million and will produce stamping and forging equipment. Upon completion, it is expected to generate annual sales of over CNY 1 billion.
“此次签约的重型锻压设备制造项目位于扬州高新区,项目总投资约5亿元,专业生产冲压及锻造设备。”news.cjn.cn
Summarized from public sources; check the original articles before acting on it.