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Ruizhi (Qingdao) Precision Electromechanical Co. started production of an expansion adding 3 million compressors, bringing total annual capacity to 12 million units. The project is in Qingdao West Coast New Area and adds about 600 million yuan in output value.
Ruizhi (Qingdao) Precision Electromechanical broke ground in Qingdao's West Coast New Area on a project adding 3 million compressors of capacity, with a total investment of RMB 387 million and about 41,000 square metres of new plant. Output is expected to rise from 9.36 million to 12 million units.