Duoli Technology announced that it will invest in the construction of a smart auto parts manufacturing base in the Lingang New Area of ​​Shanghai Free Trade Zone

Shanghai Daya, a wholly-owned subsidiary of Dolly Technology, plans to sign an "Investment Agreement" with the Lingang New Area Management Committee of the China (Shanghai) Pilot Free Trade Zone to invest in the construction of the Lingang Daya Auto Parts Intelligent Manufacturing Base Project in the local area, with a total investment of RMB 900 million. According to the investment agreement, Shanghai Daya must start construction within 6 months after obtaining the land, complete the project within 24 months after the land is handed over, and put it into production within 36 months.