# RuiNeng Technology plans 500 million yuan industrial automation base in Jiaxing, China

RuiNeng Technology (603933.SH) announced plans to invest 500 million yuan to build an industrial automation production base in Jiaxing Nanhu High-Tech Industrial Park, focusing on R&D and production of inverters and servo motors. Construction is expected to start soon, with completion and production in March 2026.

- Type: New facility
- Announced: 2024-10-10
- Where: Jiaxing Nanhu High-Tech Industrial Park, Zhejiang, China
- Value: $70.0M (500.0M CNY)
- Starts operating: Mar 2026
- Status: announced
- Products: inverters, servo motors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [RuiNeng Technology](https://endata.com/companies/80337.md)
- [Jiaxing RuiNeng Electric](https://endata.com/companies/80338.md) (partner)

## Sources

- [jiemian.com](https://www.jiemian.com/article/11810402.html), 2024-10-10: "公司计划在嘉兴南湖高新技术产业园投资建设嘉兴睿能工业自动化生产基地项目，主要从事变频器和伺服电机的研发和生产。"

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