Hefei Conver Holding (603409.SH) plans to invest 1 billion yuan in building a project for 900,000 sets of high-end new energy vehicle styling components and acoustic products.

Hefei conver Holding (603409.SH) announced that the company plans to sign a "Project Investment Agreement" with the Wuhu Economic and Technological Development Zone Management Committee. Through its wholly-owned subsidiary, Wuhu Jinmei Automobile Parts Co., Ltd., the company will invest in and build a project for 900,000 sets of high-end new energy vehicle styling components and acoustic products in the Wuhu Economic and Technological Development Zone, with a total investment of approximately 1 billion yuan. The investment in this project aims to enhance the company's production capacity and solidify its market position in response to the rapid development of the downstream new energy vehicle industry. This move aligns with the company's main business development strategy and lays the foundation for ensuring continuous growth in the company's future performance.