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On July 21, Beilu Intelligent Control announced its ambitious plan to invest approximately 600 million yuan in the Jiangning Binjiang Economic Development Zone of Nanjing. The investment will be dedicated to the construction of a mine intelligent driving industrialization base, with an anticipated completion timeline of five years. This project is geared towards advancing research and development, as well as rigorous testing, of technical products integral to mine intelligent driving. By fortifying the company's R&D capabilities in this burgeoning field, the initiative aims to pave the way for mass production. Forecasts indicate that by 2030, once full production capacity is achieved, the annual output value or sales revenue generated by this project will surpass 800 million yuan.
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