CHONGQING (CQNEWS) -- The construction for the lift project of Symax Lift (Chongqing) Co., Ltd., with the annual output of 5,000 lifts, starts in Wanzhou,Chongqing on March 28, 2011.
This project will be divided into two phases for the construction. The first phase with the annual output of 5,000 lifts and the investment of 150 million yuan, to be completed by the end of 2011, will acquire the annual sales revenue of 2-3 billion yuan and provide 1,000 jobs. And 50 million yuan for the second phase will be used to build Symax global research & development center and its Chinese marketing center in Wanzhou, because Wanzhou, the second largest city in Chongqing, possesses good investment environment and great development prospect.
(Translated by Sun Hongxia, Fathom Language Limited)
