JinDi Corporation: 1.5 billion Southwest investment project officially signed, expanding into the new energy market.
In 2025, Shandong Jindi Precision Machinery Technology Co., Ltd. has approved investments in the external electric drive rotor products market for new energy vehicles in the southwest region. On July 16 and August 1 respectively, the board of directors and shareholders' meeting approved the investment proposal and agreed to increase investment in Jinhai Hui, establishing a subsidiary in Chongqing. The company signed an "Industrial Project Investment Contract" with the government of Bishan District, Chongqing, with a total investment of not less than 1.5 billion, of which fixed asset investment is not less than 1.25 billion, to be implemented in two phases with the "lease before construction" approach. Recently, the company officially signed the investment contract with the local government. Any significant changes or phase progress will be promptly disclosed in accordance with regulations to remind investors to be aware of risks.
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