On January 26, Chuanhuan Technology (300547.SZ) disclosed its intention to enter into an investment pact with the Administrative Committee of the Anhui Dangtu Economic Development Zone. The company aims to allocate approximately 1.1 billion yuan towards the construction of its East China Intelligent Manufacturing Headquarters Base. This ambitious project is set to focus on the production of hoses and assemblies for automotive fuel and cooling systems. Additionally, it will encompass the manufacturing of liquid-cooled piping assemblies for servers and energy storage equipment, among other offerings.

It's important to note that the project's realization is contingent upon the successful completion of several procedural hurdles, including project approval, environmental impact assessment clearance, and the acquisition of construction permits. Consequently, there exists a potential for alterations or delays in the project timeline. Nevertheless, in the short term, these developments are not anticipated to exert a substantial influence on the company's operational performance or financial standing.