Wuxi Hyatech

Wuxi Hyatech Co Ltd commenced operations of the third phase of its aero engine core part manufacturing plant in Wuxi New District on January 1, 2024. The plant, with an investment of 1 billion yuan ($140 million), can produce 1.2 million compressor blades, 3,000 structural parts, and 3,000 rotating parts annually.

Construction of the Wuxi Aerospace Industrial Park and Wuxi Hyatech's key aero engine component manufacturing center began on June 21 in Wuxi National Hi-tech District. The industrial park covers 4.5 million square meters, and Hyatech's center involves a total investment of CNY 1.5 billion ($223.53 million) with annual capacity of 2.1 million compressor blades and 6,500 sets of rotating and structural parts.