Huitong Holdings: The company signed a "Project Investment Agreement" with the Management Committee of Wuhu Economic and Technological Development Zone, with a total investment expected to be not less than 1 billion yuan.

Huitong Holdings announced that the company has recently signed a "Project Investment Agreement" with the Management Committee of Wuhu Economic and Technological Development Zone. The project is named "90,000 sets of high-end new energy vehicle styling parts and acoustic products project," with an estimated total investment of not less than 1 billion yuan, including fixed asset investment of not less than 550 million yuan. The project is located in Wuhu Economic and Technological Development Zone, Anhui Province, with a land area of approximately 178 acres. The project is planned to be completed and put into operation within 15 months after the start of construction, and to achieve full production within 48 months after official production.