Phase I of CEE installations starts production

( chinadaily.com.cn )

Updated: 2012-03-28

Phase I Project of CEE Installations (Fuqing) Co Ltd officially went into production on March 19 with an investment of 220 million yuan in the Fuqing Rongqiao Development Zone.

The project, starting last September, covers an area of 179,333 square meters and involves a 350 million yuan ($55.7million) investment. With two stages of construction the second phase is expected to go into operations in June.

Fujian CEE Installations Co Ltd is the first listed company of Fuzhou on GEM and produces new power cable accessories, composite insulating materials, cable branch boxes, ring main units, indoor and outdoor high and low-voltage switch cabinets.