XUELONG: Plans to sign a 680 million yuan investment agreement with the Ningbo Economic and Technological Development Zone Investment Promotion Bureau

XUELONG announced that the company plans to sign an "Investment Agreement" with the Ningbo Economic and Technological Development Zone Investment Promotion Bureau, planning to use approximately 94.71 acres of land to invest in the construction of a key component innovation R&D center and smart digital factory project for new energy commercial vehicles. The total investment for the first phase of this project is RMB 680 million