CHML plans to establish a smart home appliance company and participate in the bidding for an industrial land in Mianyang, Sichuan
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CHML announced an investment of 500 million yuan to establish a smart home appliance company, holding a 99% stake. The company will participate in the bidding for an industrial land of 205.11 acres in Mianyang, Sichuan, with a total bidding price not exceeding 59.5 million yuan. This move aims to expand washing machine production capacity, address future sales capacity gaps, and promote the sustainable development of the washing machine industry
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