The project of producing 1 million sets of magnesium alloy general machinery and auto parts per year was officially signed in Qingyang County Development Zone

On June 19, Zhejiang Songsheng Machinery Technology Co., Ltd. successfully signed a new investment project in Qingyang County Development Zone. The project will build an annual production capacity of 1 million sets of magnesium alloy general machinery and auto parts. The total investment of the project reached 350 million yuan, and the annual output value is expected to reach 200 million yuan, and the tax contribution is about 14 million yuan.