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On December 15, Bojun Technology made an announcement stating that its wholly-owned subsidiary, Chongqing Bojun Automotive Technology Co., Ltd., intends to team up with Chongqing Shared Industrial Investment Co., Ltd. to jointly invest a staggering 600 million yuan in the establishment of a production base dedicated to lightweight automotive components. This ambitious project is set to be located in Shapingba District, Chongqing. The primary focus of the project will be on manufacturing lightweight components tailored for new - energy vehicles. Additionally, it will strive to develop integrated solutions for automation system integration, which is in line with the industry's trend of pursuing more efficient and intelligent production processes.
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