Gelonghui October 29th | shandong daye announced that the company plans to invest approximately 1.485 billion yuan to build a production base in Morocco, including a project to produce 0.1 million tons per year of tire cord steel wire and a project to produce 100,000 tons per year of steel curtain wire, to be built in two phases. The first phase involves an investment of approximately 0.85 billion yuan to construct a project to produce 0.04 million tons per year of tire cord steel wire and 40,000 tons per year of steel curtain wire.