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Ruking Technologies plans to build its first overseas factory in Thailand, with a first phase costing CNY226 million (USD31.2 million). The plant will produce two million variable-frequency drives and system controllers per year, with construction expected to be completed in 12 months.
“The first phase of the plant, which is expected to cost CNY226 million (USD31.2 million), will produce two million variable-frequency drives and system controllers per year once construction is completed in 12 months.”yicaiglobal.com
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