Cigu Technology intends to allocate a substantial investment of 700 million yuan towards the development of a comprehensive research and development base for magnetic levitation compressors and related products. This ambitious project will unfold in two distinct phases. The initial phase, entailing an investment of 305 million yuan, will predominantly concentrate on the manufacturing of a diverse range of products, including magnetic levitation ORC waste heat power generation units, vacuum pumps, and refrigeration compressors.
