Yizumi Group announced its key components and investment molds project had been reviewed and approved by its board of directors. With an investment of 39.62 million RMB, its annual capacity will reach 250 units of investment molds and 300 units of key components for injection molding machines after it is put into production.
According to Yizumi Group, the previous technology upgrading project needed less investment, so the company decided to change it into this new project of “key components and investment molds plant,” which is funded by the investment left by the previous project and the company. The construction will last 16 months from September 2015 to December 2016.