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The total investment is 20 million yuan! Funing County has successfully introduced a project with an annual output of 7,000 tons of high-end auxiliary materials for the aluminum industry
September 24, 2025
Recently, the People's Government of Funing County successfully signed a cooperation agreement with Yuefeng New Materials Co., Ltd. for a project of producing 7,000 tons of high-end aluminum materials annually. The total planned investment for this project is 20 million yuan. It is another significant achievement of Funing County in strengthening the investment promotion of the aluminum industry chain and promoting high-quality industrial development. After the project is completed and put into operation, it is expected to achieve an annual output value of 60 million yuan, pay 7.2 million yuan in taxes annually, and create more than 50 jobs. It is understood that this project will directly serve the existing aluminum industry in Funing. Through localized production, it will effectively reduce the production costs of downstream aluminum enterprises, improve the industrial chain support, and play a key role in attracting downstream enterprises to gather and forming an industrial cluster effect.
