China Metallurgical 20 Wins Bid for High-End Pure Electric Vehicle Project in Changxing County, Zhejiang Province

Strategic Insights -

China Metallurgical 20th Metallurgical Company has successfully secured the bid for the construction and installation of the high-end pure electric vehicle project of Changxing Company, located in Changxing County, Huzhou City, Zhejiang Province. The project includes the quality improvement of key parts for Changxing Geely Auto Parts Co., Ltd. and Changxing Geely Automobile Industry Co., Ltd. The project will stimulate social employment, increase local fiscal revenue, and help form a top-down linkage in Changxing County's new energy vehicle industry chain. China Metallurgical 20 aims to seize the opportunity of "dual carbon" and become stronger and bigger in the new energy automobile industry, forming a dominant brand and expanding market share.

Key Takeaways:

  • China Metallurgical 20th Metallurgical Company won the bid for the construction and installation of the high-end pure electric vehicle project of Changxing Company.
  • The project is located in Changxing County, Huzhou City, Zhejiang Province, and includes the quality improvement of key parts for Changxing Geely Auto Parts Co., Ltd. and Changxing Geely Automobile Industry Co., Ltd.
  • The project will stimulate social employment, increase local fiscal revenue, and help form a top-down linkage in Changxing County's new energy vehicle industry chain.
  • China Metallurgical 20 aims to seize the opportunity of "dual carbon" and become stronger and bigger in the new energy automobile industry, forming a dominant brand and expanding market share.
  • The project includes the construction of several facilities, including a KD workshop, auxiliary warehouse, solid waste station, canteen, municipal roads, RDC workshop, PDI shipping shed, repair room, guard room, commodity parking lot, and more.
  • China Metallurgical 20 will focus on the spirit of the 20th National Congress of the Communist Party of China and strive for high-quality development.

Statistics:

  • China Metallurgical 20th Metallurgical Company secured the bid for the project.
  • The project includes the quality improvement of key parts for Changxing Geely Auto Parts Co., Ltd. and Changxing Geely Automobile Industry Co., Ltd.
  • The project will stimulate social employment and increase local fiscal revenue.
  • China Metallurgical 20 aims to become stronger and bigger in the new energy automobile industry, forming a dominant brand and expanding market share.

Sources:

  • China Metallurgical Group Corporation Original Press Release, November 3
  • Contify.com, no date provided (apparently 2017, but date not in original)