Huizhong Holdings: Plans to invest approximately 1 billion yuan to build a project to produce 900,000 sets of high-end new energy vehicle styling components and acoustic products.

Huitong Holdings announced on December 1st that the company plans to sign a "Project Investment Agreement" with the Administration Committee of Wuhu Economic and Technological Development Zone. Through its wholly-owned subsidiary, Wuhu Jinmei Automobile Parts Co., Ltd., the company will invest approximately 1 billion yuan to build a project for 900,000 sets of high-end new energy vehicle styling components and acoustics products in the Wuhu Economic and Technological Development Zone.