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Changzhou Shen Ying Carbon Plastic Composite Material laid the foundation stone in Wujin Economic Development Zone end of last month.
This project is committed to R&D of carbon fiber composite material automotive components. It will contribute to the auto weight reduction and safety performance improvement.
Project has high technical content, great market potential, and broad development space. After the completion, the project is expected to achieve annual sales income 846 million Yuan, profit $54 million USD.
The first phase construction can realize an annual output of 200000 piece of carbon fiber car roof plate, 200 000 pieces of carbon fiber car engine cover, 200 000 pieces of carbon fiber car front bumper, 200 000 pieces of carbon fiber rear bumper.
Changzhou Shen Ying mainly focusing on the high performance carbon fiber and its products. The company registered capital is $40 million USD. The first phase of construction covers an area of 667 000 square meters. The total investment is $52 million USD. After completion, it is expected to achieve annual sales of $134 million USD.
Original language Chinese