Core Insights - The company Hengji Huati has signed an investment framework agreement with Dechang State-owned Assets Investment Co., Ltd. for the construction of charging infrastructure for new energy vehicles, including heavy trucks, in Liangshan Prefecture [1] - The total investment for the project amounts to 400 million yuan [1] Company Summary - Hengji Huati is actively expanding its footprint in the new energy vehicle sector through strategic partnerships [1] - The collaboration with a state-owned entity indicates a strong governmental support for infrastructure development in the new energy vehicle market [1] Industry Summary - The investment in charging infrastructure is crucial for the growth of the new energy vehicle industry, addressing the need for adequate charging facilities [1] - The project aligns with broader trends in the automotive industry towards electrification and sustainability [1]