On July 31, Aohai Technology made an announcement stating that its holding subsidiary, Zhixin Control System Co., Ltd., has entered into an agreement with the Administrative Committee of the Wuhan Economic and Technological Development Zone. Under this agreement, Zhixin Control System Co., Ltd. will solely finance the investment and construction of the Zhixin Control R&D Center and Production Base Project within the Wuhan Economic and Technological Development Zone. This strategic move is designed to reinforce Aohai Technology's preeminent standing in the realm of new energy vehicle control systems and to proactively and strategically deploy into two emerging fields: AI intelligent computing infrastructure and embodied intelligent robots. The project is projected to entail a total investment of around 570 million yuan, with 400 million yuan earmarked for R&D activities and 170 million yuan designated for fixed asset investments. Operations are expected to commence in 2026, with the project reaching full production capacity by 2030. Upon achieving full capacity, the project is anticipated to generate an annual output value or operating revenue of 3 billion yuan.
