Core Viewpoint - The company plans to establish an automotive parts production base in Hangzhou with a total investment of 1 billion yuan [1] Group 1: Project Details - The project will be developed by the company's wholly-owned subsidiary, Zhejiang Bojun Industrial Technology Co., Ltd. [1] - The production base will cover an area of approximately 83 acres and aims to achieve an annual production capacity of 24 million sets of automotive body parts upon reaching full production [1] - Construction is scheduled to commence within six months from the date of land transfer and is expected to pass completion acceptance within 36 months from the start of construction [1]