It is reported that Wenzhou Junhao Industry Co., Ltd. invested 1 Billion CNY in a fastener project which is supposed to produce annually 100 thousand tons of fasteners, a project that is started in Poyang County of Jiangxi Province, China.

Learned by CFM Journalist, this fastener project would emphasize on the production and sales of high-end fasteners. Occupying a total space of 180 Mu, it is predicted to earn over 0.3 Billion CNY after the accomplishment of first-stage project. Annually the sales revenue of these fasteners should reach to over 2 Billion CNY after achieving the production and standard targets. The introduction of this project would promote the development and upgrading of Hardwares & Electricals in Jiangxi Province.