Linyi state-owned assets invested nearly 3 billion yuan in Weiqiao Group to develop automobile industry

Weiqiao Group recently received nearly 3 billion yuan of investment from Linyi state-owned assets to develop the automotive industry. The investment involves several companies such as Weiqiao Yiwei (Shandong) Energy Technology Co., Ltd. and Guoke Zhiyun (Shandong) New Energy Technology Co., Ltd. It is reported that Weiqiao Group will invest in the construction of new energy vehicle lightweight new materials and recycling projects in Linyi, with a total investment of 17 billion yuan.