Chuzhou Duoli Automotive Technology (001311.SZ) plans to invest 1 billion yuan in building a project with an annual output of 200,000 sets of integrated structural components for automobile bodies.

Chuzhou Duoli Automotive Technology (001311.SZ) announced that, in order to promote the development of the company's business, the company plans to sign an investment agreement for the "Annual Production of 200,000 Sets of Integrated Structural Parts for Automobile Bodies Project" with the Management Committee of Jinhua Economic and Technological Development Zone. The company plans to invest in and build the integrated structural parts project for automobile bodies, including a die-casting production line, in Jinhua Economic and Technological Development Zone. The total planned investment for the project is 1 billion yuan, to be implemented in two phases, with the first phase planned investment totaling 600 million yuan and the second phase planned investment totaling 400 million yuan.