Heli Technology adjusted the use of funds and invested in the cylinder block and cylinder head processing project for new energy passenger vehicles

Heli Technology plans to redirect the 80 million yuan raised, originally intended for a large-scale integrated mold project, to a project to produce 150,000 cylinder blocks and cylinder heads per year for new energy passenger vehicles. The project has a total investment of 132 million yuan and an estimated construction period of 12 months.