Far East Transmission Terminates Annual Production of 500,000 Commercial Vehicle Driveshaft Projects


Far East Drive announced on the 3rd afternoon that the company's wholly-owned subsidiary Weifang Yuandong Company's investment project "annual production of 500,000 sets of commercial vehicle driveshaft project" no longer invests, the project balance raised funds 67,532,600 yuan (including interest income 3,085,500 yuan ).

According to the announcement, with the annual production capacity of 300,000 light truck projects in Jianghuai Automobile's newly-built Qingzhou production base and the annual output of 500,000 passenger car projects at SAIC-GM-Wuling's new Huangdao production base in Qingdao, the assembly line and coating production line in Weifang's Far East Full production. However, since the existing land area of ​​the “annual production line of 500,000 sets of commercial vehicle driveshafts” can barely meet the needs of the assembly production line, the coating production line, and the storage of products, parts, components, and raw materials, it is no longer possible to arrange gold processing lines. Workshops and heat treatment production line workshops resulted in savings in construction costs for the raised capital projects. At the same time, because the gold processing workshop and the heat treatment workshop have not been built, the corresponding gold processing equipment and heat treatment equipment do not need to be purchased or installed any more, resulting in savings in equipment purchase costs.

According to the announcement, as Shandong province is a major province for passenger cars, commercial vehicles and construction machinery in China, the market demand for transmission shafts is large, and the company has a stable customer base in Shandong, with Jianghuai Automobile, SAIC-GM-Wuling, etc. The host plant has been put into production in Shandong, and the production capacity in Weifang's Far East has been running at full capacity. Weifang Far East's “annual production of 500,000 sets of commercial vehicle driveshaft projects” no longer requires investment.



Single Cone Reamer

Description:A reaming tool has a shaft and a shaped head with at least one cutter. The shaped head is produced from a blank having a base body of a base material on its envelope surface with at least one rectilinear or helical groove-shaped recess running around it, into which high hardness cutting material is sintered.
9




Single Cone Reamer,HDD Projects Tools,TCI Tooth Life Downhole,API Jobber Length

Puyang Junhong Rubber Co., Ltd. , https://www.pyjhxs.com