SINOMACH AUTO has declared that its wholly-owned entity, China Automotive Industry Engineering Co., Ltd., has emerged victorious in the bidding process for the general contracting of the Fuling High-tech Zone New Energy Vehicle Lightweight Parts Factory and Intelligent Production Line Project (Phase I). The successful bid amount stands at a substantial 809 million yuan. This project represents a significant EPC (Engineering, Procurement, and Construction) general contracting endeavor undertaken by China Automotive Industry Engineering in the southwestern region of Chongqing. It is anticipated to yield a favorable influence on the company's operational performance.
