Recently a foundation stone laying ceremony was held in Handan for the Jinxiang Project on Precise Copper Tube for Air-conditioners and Refrigerators. The project was invested by Golden Dragon Precise Copper Tube Group Inc. of Henan Province.
A total amount of RMB 200 million will be invested by GD Group in the Jinxiang Project on Precise Copper Tube in Handan, Hebei Province. The money will be spent primarily on production of copper tube for air-conditioners and refrigerators, leading to an annual yield of 2.5 million sets of precise copper tube for airconditioners and 1.5 million sets for refrigerators. These copper tube fittings will be mainly used in the Handan Midea air-conditioner production lines, the products of which are expected to be put into market by the end of this year.
China Nonferrous Metals Monthly2010年7期