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It was reported that Hefei Risheng Science and Technology Co. signed a contract with Guang'an Economic and Technology Development Zone to construct a 30ktpy copper profile project in Guang'an, Sichuan province. The project, which also consists of a 100ktpy aluminium profile business, will cost 470 million yuan and is expected to generate revenues of 3.2 billion yuan and profits of 500 million yuan. In addition, the company will collaborate with Sichuan Dongyang Housing Development Co. to build 20 production lines of single crystal copper bond wire and 20 production lines of micro electromagnetic wire in Guang'an. Total investment will amount to 500 million yuan.