China Special Alloy Group would invest in the construction of a high-performance aluminum alloy bar project with an annual output of 40,000 tons.
The company plans to invest in a high-performance aluminum alloy bar project with an annual output of 40,000 tons in Economic Development Zone of Yangzhou with its own funds. The total project investment is expected to be 80 million yuan.
After the project is put into production, it is estimated that the annual sales income will be about 52991.45 million yuan, the annual net profit will be 15.8522 million yuan, and the investment recovery period will be 4.37 years (including the construction period of 1 year).