On June 2, Hefei Huitong Holding Co., Ltd. made an announcement stating that its wholly-owned subsidiary, Wuhu Jinmei Automotive Components Co., Ltd., has successfully secured the right to utilize a state-owned construction land plot for a sum of 35.278 million yuan. This move is aimed at propelling forward the "Project for 900,000 Sets of High-End New Energy Vehicle Styling Components and Acoustic Products". The acquired land, spanning an expansive area of 118,581.31 square meters, is situated in Yingjiang Village, Shen'gang Town, Jiujiang District, Wuhu City. It has been earmarked specifically for industrial purposes, with a designated land use term extending over 50 years. The acquisition of this land use right stands as a pivotal cornerstone for the project's progression, facilitating the optimization of the company's industrial structure and bolstering its core competitive edge.