Huada Technology is optimistic about the future performance of the integrated die-casting plant

Huada Technology plans to invest 280 million yuan to establish a wholly-owned company, Huaqi Technology, to implement the construction of new energy and new materials casting and processing projects. The total investment of the project is expected to be 1.05 billion yuan. Ge Jianghong said that the die-casting plant has the only fully automatic production line in China, with a high degree of overall automation. It is expected to reach 2 billion in revenue in 2027 and contribute more than 100 million in net profit.