QianGu Technology built a factory in northern Zhejiang with a total investment of several hundred million yuan

QianGu Technology, a domestic wire-controlled brake company, plans to invest hundreds of millions of yuan in a city in northern Zhejiang to build a production line. The city and Chengdu state-owned assets are expected to invest a total of 500 million yuan, and QianGu Technology will raise some of the money on its own. The production line is planned to be completed and put into production in a few years. QianGu Technology's headquarters and main production lines will be moved to northern Zhejiang, and a research and development center will be established in Chengdu.