Rishang Group Strengthens Industrial Upgrade of Automotive Steel Rims and Steel Structures

Recently, Beijing Rishang Group announced that it will plan to increase its investment in Sichuan subsidiary by 400 million yuan to speed up the implementation of the investment project “Automobile Steel Rims and Steel Structure Production Project”.

It is understood that the registered capital of Sichuan Rishang Metal Industry Co., Ltd. after the capital increase was changed from 1 million yuan to 200 million yuan, and the rest went into capital reserve. The Sunshang Group stated that after completion of the capital increase, Sichuan will implement the production of automotive steel coils and steel structures. The project is located in Nanchong, Sichuan Province. As one of the six major automobile industry parks in Sichuan Province, the project has obvious competitive advantages. And compared with the current supply through the Xiamen production base, Nanchong's production base is completed and put into production after the average delivery period for the above-mentioned areas can be shortened by 2-12 days, saving about 35 million yuan in logistics costs each year.

Extensive reading:
Beijing Rishang Group was established in 1996. It is a large-scale private enterprise designated by the Ministry of Public Security and the Ministry of Construction to produce architectural metal structure products. It is located in the east area of ​​Beijing Economic and Technological Development Zone. It covers an area of ​​120 acres and has more than 1,000 employees, with a registered capital of 22 million. Yuan, which has a bank credit rating of 3A and annual sales of about 300 million yuan, is one of the high-tech enterprises in Beijing. Through many years of development, the company has now formed a large-scale enterprise group based on the production and sales of categories and radiators, and the integration of the Japan Commodity Wholesale Market and Rishang Stainless Steel Hardware & Building Materials Base.