Alte Automotive Technology AG signs investment framework agreement with Lingang New Area

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On June 27, Alte Automotive Technology Co., Ltd. signed an investment framework agreement with the Lingang New Area, announcing the establishment of Alte International in the Yangshan Special Comprehensive Bonded Zone of the Lingang New Area of the China (Shanghai) Pilot Free Trade Zone, focusing on automobile research and development, manufacturing and export business. Alte Automotive regards "technology + supply chain" going overseas as one of its basic strategies, and has established an international marketing department internally to carry out overseas market expansion, marketing plan planning and brand promotion.