Pangyuan Leasing

Pangyuan Leasing, a subsidiary of Construction Machinery, is investing CNY 100.54 million to build an intelligent equipment maintenance and remanufacturing base in Jintang County, Chengdu, Sichuan. The project has a 2-year construction period, with production starting in year 3 and full capacity in year 5, achieving annual capacity of 500 tower cranes remanufactured and 500 tower cranes leased.