Investing 1.3 Billion Psh Longquan to Make Large Excavators

Recently, relevant departments of Wuliangye learned that Sichuan Yibin Push Group Co., Ltd., a subsidiary of Wuliangye, will invest 1.3 billion yuan to develop and manufacture ultra-large hydraulic excavators, large-tonnage crawler cranes, and large forklifts in Longquan. It is reported that the project is scheduled to start construction in March this year and it will be completed by the end of the year. The annual output value of the entire project will reach 3.2 billion yuan, providing more than 1,500 jobs. In the afternoon of the previous day, Li Peiqi, president of Sichuan Yibin Push Group, signed an investment agreement with the Chengdu Economic Development Zone.
(Source: Chengdu Evening News)