On September 23, the Weilegao EBIKE Three-Electric Systems and Headquarters Project officially commenced construction in the Huishan Industrial Transformation Cluster Zone, with a total investment of 500 million yuan. The project will establish a production base for three-electric systems, a foreign trade settlement center, and the Yangtze River Delta headquarters for the listed entity, enhancing the three-electric system support in the Huishan Economic Development Zone and enriching the green transportation and sports consumption industries. Weilegao is a brand enterprise focused on light-sport electric bicycles (E-bikes) for overseas markets. The project's main products are the core three-electric systems for E-bikes, covering technical support for multiple series of complete vehicles, targeting the North American market. The project will be implemented in three phases, with annual sales of the production base expected to reach 500 million yuan by 2029.