“Handan Zhengxin is planning to spend RMB 1.2 billion on “high-end fastener production project”. After the completion of the project, the annual output of high strength fasteners and stainless steel fasteners for used in automobiles, electric appliance, furniture and electric power is projected to reach 125,000 tons.”
Benefiting from the introduction of a large number of high-end machines and the improvement of operational capacity, Handan Zhengxin Fasteners Co.,Ltd. has achieved steady growth in net profit in recent years. In the past five years, Handan Zhengxin, led by its CEO Anna Zhang, has stood out among many other fastener companies and made remarkable achievements with domestic sales of more than RMB 67 million in 2014.(…)
via Handan Zhengxin Spends RMB 1.2 Billion on “High-End Fastener Production Project”.