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Located in Qingdao, Qingdao Chun Yuan Precision Mechatronic Co., Ltd. was the fifth subsidiary of Taiwan Chun Yuan Steel Group in China, after its investments in Shen Zhen and Shang Hai. Qingdao Chun Yuan Precision Mechatronic Co., Ltd. was founded in 2005 as a joint venture with Chun Yuan Investment (BVI) Co., Ltd., a business entity affiliated to Chun Yuan Investment (Singapore) Pte. Ltd. and a portion of equity to Japan’s Marubeni-Itochu Steel Inc. Covers an area of 60,000 m2 and Capital is US $18 million. The major equipment includes high-speed slitters, high-speed precision presses, annealing furnace, aluminum die-casting equipments, mold equipments.
