5.17, the U.S. General Electric (China) Co., Ltd. and China CSR Group Qishuyan Locomotive Co., Ltd. diesel engine joint venture project successfully signed a contract, with a total investment of 100 million U.S. dollars in the project, becoming the General Electric Company (GE) in Changzhou to invest in the largest project. The cooperation between QI Machinery and GE began in 2005, the two companies *** with the Ministry of Railways signed a contract to provide 300 sets of 6,000 horsepower Evolution series HXN5 Chinese mainline locomotives, QI Machinery has become an important business partner of GE in China. In addition to the mainline locomotive project, GE also purchases a large number of components from Qiqi to supply its global supply chain, and the two sides have established a solid and stable long-term, comprehensive and win-win cooperation relationship.
The diesel engine joint venture project signed on the 17th will be located in the Qi Shuyan Economic Development Zone Railway Transportation Industrial Park, covering an area of 100 acres, of which the first phase of a total investment of 30 million U.S. dollars, covering an area of 30 acres, mainly engaged in the manufacture of diesel engines for internal combustion locomotives and related parts and components, assembly, testing, sales, after-sales repair services. It is expected that the sales will reach 50 million dollars one year after the commissioning. Salary is related to the ability of the position. Around 4K for a shift