December 02, 2008

Zhongcai Group to set up base in Caofeidian

Zhongcai Group announced that the company will invest CNY 4.2 billion in Tangshan Caofeidian to develop the heavy equipments and new energy materials industrial base.

The released added that the base locates in the equipments manufacturing areas in Caofeidian industrial park, covers an area of 1.4 million square meters.

The official of Zhongcai Group expressed that the base will mainly produce the whole equipment which can produce 10,000 tonnes of cement every day and the lamina for the wind electricity.