On Aug 6, Changzhou Puluosi Automobile Industry signed an agreement to establish an automotive light assembly production base in the Jiangyan High-Tech Zone. The project, which took only 11 days from negotiation to agreement signing, set a new record for the speed of project settlement in the region.
Changzhou Puluosi Automobile Industry's new production base will be established in Jiangyan HTZ. [Photo/WeChat account: jyrmzf]
With a planned investment of 300 million yuan ($42.1 million), the project is expected to achieve 450 million yuan in annual sales.
Changzhou Puluosi Automobile Industry is a national high-tech enterprise and a provincially recognized SRDI (specialized, refined, differential, and innovative) small and medium-sized enterprise specializing in the development and manufacture of automotive rearview mirrors and automotive lights. The company supplies major Chinese car brands such as Geely, BYD, Chery, and Chang'an.