Group 1 - The launch of the first equipment for Luxshare Precision's acoustic electronic products and automotive parts project marks the countdown to production at the Xiangcheng base [1] - The project, with a total investment exceeding 12 billion yuan, is the largest automotive parts manufacturing base for Luxshare in China, expected to generate an annual output value of over 30 billion yuan upon completion [1] - The project is being constructed in two phases, with the first phase of the factory delivered on May 30 this year, accelerating the path to production [1] Group 2 - The Xiangcheng Economic Development Zone has implemented a "weekly scheduling" work meeting to promote key projects like Luxshare, integrating multiple departments to ensure efficient project advancement [2] - The establishment of a dedicated action branch for Luxshare at the project site aims to address coordination challenges and tight schedules, ensuring high efficiency in project execution [2] - The production of the Luxshare project is a significant addition to the existing industrial chain in the region, enhancing competitiveness and contributing to the development of a smart economy [2]