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Date: 2013-07-31

Wanxiang Jinggong Will Set Up New Factory in Taizhou

On July 2, Wanxiang Jinggong Co.,Ltd signed an agreement with Taizhou Gaogang Science & Technology Park. According to the agreement, Wanxiang Jinggong will set up a new factory in Taizhou with total investment of 500 million Yuan and registered capacity of 100 million Yuan. The production capacity is expected to reach 10 million sets when it comes on line in four years. The sales and revenue will hit 700 million Yuan and 30 million Yuan respectively.


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