News from Jiangsu Rongtai Industrial Co., Ltd., on October 28, one of the major construction projects in the fourth quarter of 2021 in Jiangdu District, Yangzhou, a wholly-owned subsidiary of Jiangsu Rongtai Industrial Co., Ltd. (“Rongtai Co., Ltd.”) —Yangzhou Rongtai Precision Die Casting Co., Ltd. held the groundbreaking ceremony for the second phase of the construction project. The project has a total investment of 180 million yuan, a land area of 48 mu, and a newly built production and auxiliary building area of about 36,000 square meters. Zhu Huaxia, general manager of Rongtai Co., Ltd., attended the groundbreaking ceremony.
Yangzhou Rongtai Company was established in 2008 and covers an area of 110 acres. Its core products are precision die-casting parts for new energy three-electric systems, automobile transmission systems, steering systems, and engine systems.