The first phase of Baojin New Energy Vehicle Lightweight Industrial Base Project was put into production

On October 18th, the first phase of the Baojin New Energy Vehicle Lightweight Industrial Base project, located in the Bowang New Functional Zone, successfully commenced production. Invested and constructed by Anhui Baojin Laser Technology Co., Ltd., the project primarily focuses on the research, development, production, and sales of fully automatic laser welding machines, laser-welded metal composites, and automotive laser-welded parts and blanking components. The first phase of the project, with a total investment of 2 billion yuan, covers approximately 330 mu (approximately 1,000 acres) and a construction area of ​​approximately 180,000 square meters. The project is expected to generate an annual output value exceeding 5 billion yuan and generate an average tax revenue of over 300,000 yuan per mu.