Suizhou Municipal Government invests 300 million yuan to support DeepBlue Technology's intelligent driving project

Suizhou Municipal Government will invest 300 million yuan to jointly establish an M&A fund with Shenlan Technology, targeting Shenlan Panda Dali Intelligent Automobile Co., Ltd., a joint venture of Shenlan Technology and Chengli Group to produce intelligent means of production vehicles. The company aims to complete the acquisition of A-share listed companies within the first quarter, thereby pushing Shenlan Panda Dali Intelligent Automobile Co., Ltd. towards capitalization.