Shenzhen’s Hongfuhan Bets RMB1bn on Robot Parts
Hongfuhan Technology, a Shenzhen-listed precision manufacturer, has approved a plan to build a robot precision metal components production base in Wuzhong district, Suzhou, Jiangsu province, at a total investment of about RMB1.007bn with a two-year construction period. The funding structure is explicit. RMB220m comes from the remaining proceeds of its initial public offering, including interest … Read more