The "XX Production Capacity Construction Project" implemented by Henan North Hongyang Electromechanical Co., Ltd., a controlled subsidiary of China North Industries Red Arrow, has completed its final acceptance and recently received approval from the relevant authorities. The project's actual investment totaled 190 million yuan, all funded by raised capital, with 190 million yuan in assets delivered for use. Upon completion, the project optimized the company's spatial layout, enhanced the machining capabilities for core components of high-end products, improved high-precision inspection capabilities, and upgraded automation and information management levels. It can effectively ensure the smooth completion of scientific research and production tasks for core components of intelligent products, and expand the company's supply capacity.
North Industries Group Red Arrow Co LtdProject completion enhances machining and inspection capabilities, expanding supply capacity for core components.
