Shaanxi Aerospace Power Hi-Tech Co., Ltd. (600343.SH) announced that its subsidiary, Xi'an Yuanxin Aerospace Power Fluid Equipment Co., Ltd., plans to expand its existing processing capabilities. Leveraging its technical expertise in precision machining and experience from previous component processing operations, the subsidiary intends to invest 81 million yuan. The project will focus on acquiring related equipment and configuring flexible automated production lines. This initiative aims to increase production capacity while reducing costs and improving equipment utilization rates. Specifically, the plan includes adding 26 sets of process equipment: eight for valve component processing conditions and supporting automated lines, and 18 for general component processing conditions and automated lines. The project will also involve reorganizing the process layout across an area of 2,967.6 square meters.
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Shaanxi Aerospace Power's Subsidiary to Launch Precision Machining Project for Components
Stock News03-18
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