Dolly Technology increases investment in Shanghai Lingang auto parts intelligent manufacturing project

Duoli Technology plans to use part of the unused raised funds to invest in the Shanghai Lingang Auto Parts Intelligent Manufacturing Base Project. The project will invest approximately RMB 900 million, mainly to build new stamping and welding production lines. Duoli Technology's main customers include Tesla, Ideal Auto, etc., and its products include auto parts and new energy vehicle accessories.