Subsidiary of Shaanxi Aerospace Power Hi-tech (600343.SH) plans to implement a project for the construction of precision machining capability for zero component assembly.
Announcement of Aerospace Power (600343.SH): The company's subsidiary, Xi'an Yuanxin Aerospace Power Fluid Equipment Co., Ltd. (referred to as Aerospace Yuanxin), relying on the construction and management experience of the previous parts processing business unit, fully exerts its technical advantages in precision machining. It plans to expand on the basis of the original processing capacity by investing 81 million yuan, mainly focusing on the construction of related equipment purchase and flexible automation production line configuration, aiming to expand production capacity while reducing production costs and increasing equipment utilization rate.
Shaanxi Aerospace Power Hi-tech (600343.SH) announcement: The company's subsidiary, Xi'an Yuanxin Shaanxi Aerospace Power Hi-tech Fluid Equipment Co., Ltd. (referred to as Aerospace Yuanxin), plans to expand on its previous component processing business unit construction and management experience. Leveraging its technical advantages in precision machining, the company plans to invest 81 million yuan to expand its processing capabilities. The investment will focus on the purchase of relevant equipment and the configuration of flexible automation production lines, aiming to increase production capacity while reducing production costs and improving equipment utilization.
The project specifically plans to add 26 sets of process equipment, including 8 sets for valve component processing equipment and supporting automation lines, and 18 sets for component processing equipment and supporting automation lines. The project will also involve adjusting the layout area for the process, totaling 2967.6 square meters.
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