Core Viewpoint - The completion of the headquarters building for Suzhou Konghui Automotive Technology Co., Ltd. marks a significant step in the company's strategic layout in the Yangtze River Delta integration and the establishment of China's first dual-chamber electronic control suspension production line [1] Group 1: Project Overview - The Suzhou Konghui headquarters project, a key initiative in Suzhou, began construction in November 2024 and was topped off in 10 months [1] - The project covers an area of 38 acres with a total investment exceeding 1 billion yuan, aiming to create a comprehensive headquarters that includes R&D, administration, manufacturing, and equipment [1] - Upon reaching full production, the project is expected to generate an annual output value exceeding 2 billion yuan [1] Group 2: Company Background - Zhejiang Konghui Automotive Technology Co., Ltd. was founded by Guo Konghui, the first academician in the automotive industry from the Chinese Academy of Engineering, along with his team [1] - The company is the first in China to achieve OEM mass production supply of passenger car air suspension systems, providing services for over 40 vehicle models from 16 automakers, including Lantu, Ideal, and Zeekr [1] - Konghui holds over a hundred invention patents, showcasing its innovation capabilities [1] Group 3: Strategic Advantages - The decision to establish operations in Suzhou is driven by the city's talent advantages, complete industrial chain, and vibrant innovation ecosystem [1] - Suzhou Konghui is also developing Suzhou Hemeida Technology Co., Ltd., focusing on automation equipment manufacturing, which has completed 18 air spring production lines and 10 controller production lines, with an expected output value of 10 million yuan in 2024 [1] - The headquarters' operation will further integrate resources and accelerate technological breakthroughs for Konghui Technology [1]