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2026.06.12 Media reports
[Zhong'an Online] The first phase of the Wofu Permanent Magnet Transmission R&D and Industrialization Project has been completed.

Original link: http://ah.anhuinews.com/hf/yq/202212/t20221213_6563520.html

Recently, at the southwest corner of Xianghongdian Road and Jimingshan Road in Nangang Science Park, the first phase of the VOOFU Permanent Magnet Drive R&D and Industrialization Project of Anhui VOOFU Permanent Magnet Technology Co., Ltd. was officially completed.

Anhui VOOFU Permanent Magnet Technology Co., Ltd. has a total land area of approximately 30 mu for the VOOFU Permanent Magnet Transmission Research and Industrialization Project. The total investment is approximately 320 million yuan. The first phase of the project covers an area of approximately 12.7 mu and has a total investment of approximately 200 million yuan. The project mainly involves the construction of a production base for 2,000 sets of permanent magnet transmission equipment and the establishment of an enterprise headquarters, R&D, and production center in the High-tech Zone. After full production, the project is expected to achieve an annual output value of approximately 300 million yuan and contribute approximately 15 million yuan in taxes. Currently, the first phase of the factory buildings has all been completed, and the equipment installation and commissioning are basically finished. The project is ready to start trial production. The Nangang Management Committee will also assist the enterprise in providing services related to policy implementation, talent introduction, financial support, and product promotion, so as to enable the enterprise to release production capacity as soon as possible, improve economic benefits, and at the same time, the Nangang Management Committee will continue to strengthen the scheduling of the second phase project to strive for its early commencement, construction, and production.