The project, located in Chenzhou High-tech Zone, began construction in June 2022, with a total investment of 540 million yuan. It specializes in producing magnetic parts and components for new energy vehicles. It is expected to achieve a total output value of over 4.5 billion yuan and a total export value of over 3.6 billion yuan within six years, which will further enhance the level of Chenzhou’s electronic information industry chain.

 

 

Chinese source: czxxw