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On September 4, a pivotal cooperation agreement was inked between the Wuhan Economic and Technological Development Zone and Wan'an Technology. As per the agreement, Wan'an Technology is set to invest in the construction of a central China production base within the development zone, specifically locating it in the Intelligent Connected and Electric Vehicle Industrial Park. The primary focus of this base will be the manufacturing of automotive subframes and other related components, thereby offering essential support services to complete vehicle manufacturers. During the initial phase of the project, factory buildings will be leased. It is anticipated that the interior decoration work will kick off in October, paving the way for production to commence in December.
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