Asia
Zhejiang Wanma Subsidiary to Invest 450 Million Yuan to Construct Cable Materials Factory
Zhejiang Wanma (SHE:002276) subsidiary Zhejiang Wanma Polymer Material Group will invest about 450 million yuan to build a cable materials factory, according to a Wednesday filing with the Shenzhen bourse.The company will construct the factory in Hangzhou, Zhejiang, China, in a span of between one and two years.The facility will be able to produce 100,000 tons per year.
SHE:002276