Desay SV Automotive's Midwest Base Construction Project is expected to generate an additional annual revenue of RMB 8.276 billion

The total investment of the Desay SV Automotive Electronics Midwest Base Construction Project (Phase I) is RMB 1.96 billion, of which RMB 1.8 billion comes from raised funds. The project is located in Chengdu and is implemented by Chengdu Desay. The construction period is 48 months. After the completion of the project, it is expected to generate an additional operating income of RMB 8.276 billion and an additional net profit of RMB 590 million per year, with a gross profit margin of 20.17%.