Core Viewpoint - Longsheng Technology aims to enhance its market share in the electric vehicle sector by investing in a new lightweight component production base in Chongqing, with a total investment of approximately 200 million yuan [2] Group 1: Company Strategy - Longsheng Technology announced plans to accelerate the modularization and lightweight development of its semi-finished products [2] - The company intends to optimize its production capacity layout to better match customer demands [2] - Longsheng Technology will integrate resources and seize market opportunities to expand its coverage in key markets for electric vehicles [2] Group 2: Project Details - Chongqing Longsheng Maomao New Energy Technology Co., Ltd., a subsidiary of Longsheng Technology, plans to sign a cooperation agreement with Chongqing Sharing Industrial Investment Co., Ltd. [2] - The project involves the establishment of a lightweight component production base for electric vehicles in the Shapingba District of Chongqing [2] - The production base will focus on manufacturing electric vehicle drive components, thermal management systems, and lightweight parts [2]

Core Viewpoint - Longsheng Technology announced a collaboration with Chongqing Shared Industrial Investment Co., Ltd. to establish a lightweight component production base for new energy vehicles in Chongqing, with a total investment of approximately 200 million yuan [1] Group 1 - The project will focus on the production and manufacturing of drive components, thermal management, and lightweight parts for new energy vehicles [1] - An independent legal entity will be established to implement the project [1]