Xinjie Electric aims to invest 800 million yuan in acquiring approximately 55,000 square meters of industrial land in Binhu District, Wuxi City, for the construction of a production facility dedicated to robot intelligent drive control systems. Funding for this endeavor will be sourced from a combination of internal capital and bank loans. The company emphasizes that this investment is a strategic decision rooted in positive market prospects, though it cautions that there are inherent risks associated with macroeconomic factors, industry policies, market fluctuations, and technological advancements.
