Zhong Yang Technology Co., Ltd. and its Subsidiary-JMO Announces to Build Construction at Wangniudun Town
September 23, 2021 at 10:39 am
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Zhong Yang Technology Co., Ltd. and its subsidiary-JMO announced that board of directors on September 23, 2021, result to build the construction at Wangniudun Town. Projected monetary amount of the investment: around RMB 178,031,000 (around TWD 752,108,000). Source of capital funds: partial amount from 2021 cash capital increase of Zhong Yang and partial amount from own funds and bank financing of JMO. Specific purpose: in order to expand JMO business and long-term development of the group. The amount includes civil engineering and other related projects such as electromechanical and dust-free workshops.
Zhong Yang Technology Co., Ltd. is a Taiwan-based company mainly engaged in the manufacture of mould. The Company mainly operates mould manufacturing business, other electrical and electronic machinery manufacturing business, steel foundry business, steel materials secondary processing business, metal structure and building components manufacturing and the retail of hardware. The mould product consists of mould base and mould core, mainly used in the produce of mobile phone lenses, mirror room, car lenses and others. Mould core is the core components of the mould and is used in plastic molding for wear and tear replacement.
ZHONG YANG TECHNOLOGY CO.,LTD 
