Tieling TV reported that Hebei Youli Iron & Steel Co has signed a pact with Liaoning Tieling Special Car Base Administration Commission days ago to settle its graph ADI special car accessories project in Liaoning Tieling special car production base.

With the building area of 150,000 square meter this parts and equipments manufacturing project is totally invested CNY 2.1 billion with CNY 1.6 billion out of the total as fixed production investment. Applying world first-class arts, the project engages in producing quality ADI & hot stamping parts.

The project starts construction in this month with its 1st stage to put into operation next year. It is expected to realize CNY 5 billion of production value and CNY 0.4 billion of pre-tax profits after the whole project finished.