According to the Zhitong Finance App, Lijun Co., Ltd. (002651.SZ) announced that Chengdu Lijun Technology Co., Ltd. (hereinafter referred to as “Lijun Technology”), a wholly-owned subsidiary of the company, plans to use 50 million yuan of its own capital to invest 50 million yuan in production workshop expansion technology improvement projects. The project plans to expand the heavy processing and assembly production plant and other auxiliary facilities and purchase related production equipment. In the end, the project name and construction content are subject to the approval documents of the relevant government authorities.
According to the announcement, the project is mainly aimed at improving the large-scale production capacity and efficiency of the company's main products, roller presses and high-pressure roller mills. This matter is in line with the company's strategic development plan.