Leaki Intelligence has officially declared its intention to ink an investment cooperation pact with Wuxi Wanshanhu Industrial Development Co., Ltd. This strategic move entails a substantial investment of 2 billion yuan, earmarked for the construction of the Leaki Lithium Battery Equipment Smart Manufacturing Production Base and R&D Center. The project is meticulously structured into two phases, with each phase commanding an investment of 1 billion yuan.

The inaugural phase will concentrate on establishing a state-of-the-art smart manufacturing production base and R&D center, dedicated to material automation processing equipment. Meanwhile, the second phase will be rolled out in a phased manner, contingent upon the evolving production capacity needs.

Strategically situated in the Xishan Economic and Technological Development Zone, the project will sprawl across an impressive 260 acres. It envisions an annual production capacity boost of 1,000 units (sets) of lithium battery smart equipment and system integrations. It's worth noting that this significant investment is subject to the green light from the shareholders' meeting and does not fall under the purview of a related-party transaction or a major asset restructuring.