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Hunan Zhiren Refrigeration Equipment Co., Ltd. signed an agreement to build a Zhibo refrigeration equipment production base in the Hunan Engineering Machinery Supporting Industrial Park in Miluo, China. The project covers 20 mu (approx. 1.33 hectares) with an investment of 100 million yuan (approx. USD 13.8 million) and is expected to achieve total output value of 380 million yuan within three years of operation.
“项目占地约20亩,投资1亿元,建成投产后,预计3年内可实现总产值3.8亿元,年均利税260万元以上。”miluo.gov.cn
Summarized from public sources; check the original articles before acting on it.