Core Viewpoint - Xiamen Tungsten announced the approval of its subsidiary Xiamen Tungsten Electric Motor Industrial Co., Ltd. to invest in the second phase of the motor industrial park, with the project expected to be completed by September 2029 [1] Group 1 - The project will include the construction of Area A and B of the industrial park, which aims to create a space for the development of rare earth permanent magnet motors [1] - The new phase is designed to work in conjunction with the first phase of the project, facilitating the formation of an industrial cluster by attracting upstream and downstream enterprises [1] - There are uncertainties related to industry policies and market conditions that may impact the project's progress, returns, and the company's expected earnings [1]
厦门钨业:控股子公司拟投资建设电机产业园A、B区项目