Zhi Tong Cai Jing·2025-09-26 13:35Core Viewpoint - The company is investing approximately 5 billion RMB to establish a new energy vehicle (NEV) parts industrial base and R&D center in Wujin High-tech Zone, Changzhou, to accelerate the industrialization of key components in the NEV sector [1] Investment Details - The total investment for the project is estimated at around 5 billion RMB, with a planned land area of approximately 270 acres, subject to actual measurements [1] - The investment will be implemented in phases based on internal and external operating conditions [1] Strategic Importance - This investment is a critical strategic move for the company to seize opportunities in the automotive industry transformation and deepen its layout in the new energy parts sector [1] - By integrating business resources and enhancing regional support, the project aims to significantly improve the company's R&D capabilities and manufacturing levels in the automotive parts sector [1] Market Position and Competitiveness - The implementation of this project is expected to further consolidate and enhance the company's market position in the automotive parts business, complete the strategic layout of the NEV industry chain, and increase innovation output [1] - The transformation of products from components to systems is anticipated to enhance the company's core competitiveness, positively impacting long-term business layout and operational performance [1]