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Huayi Electric to set up wind turbine manufacturing base

Jul. 15, 2009 (China Knowledge) - Zhejiang Huayi Wind Energy Development Co Ltd, a wholly-owned subsidiary of Huayi Electric Co Ltd<600290> signed a strategic cooperation agreement with the municipal government of Dongying, Shandong Province, to build a wind turbine manufacturing base in the city. According to the agreement, Zhejiang Huayi will invest a total of RMB 1 billion in the new ba

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