Suqian, Jiangsu – Shanghai-based Sonlu Shangling Enterprise Group finished its 3mn unit/year new refrigerator facilities ahead of schedule , said the company.
The project was started in July 2013 with RMB1.5bn ($242m) investment in the Suqian National Economic Development Zone in Suqian, Jiangsu province. The company said it expects an extra RMB3bn annual production value from the investment..
Sonlu Shangling now has an 8m unit/year total fridge capacity with three manufacturing bases in Shanghai, Suqian, Jiangsu province and Cixi, Zhejiang province, according to the company. It also claims to be one of the few second- and third-tier refrigerators makers in China that had growth in 2013.
XE Currency Conversion: 23 July, 2014