Reported 12 months ago
Despite being affected by the Federal Aviation Administration's restrictions on Boeing's production increases, Resid Dragon remains optimistic about the long-term growth of the aerospace industry and is actively seeking new orders. The company plans to invest 700 million yuan to build a new plant in the Renwu Aerospace Industrial Park in Kaohsiung, with construction expected to be completed in the fourth quarter of next year. The new plant is estimated to contribute up to 3 billion yuan in revenue, and Resid Dragon has obtained various certifications and expanded its production equipment to enhance its market presence in Europe, America, and Asia.
Source: YAHOO