---
title: "Jiangsu Leili's subsidiary plans to invest no less than 150 million yuan to establish a smart manufacturing industrial base"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/255480257.md"
description: "Jiangsu Leili's subsidiary Zhejiang Ruichi Tongli Automotive Electronics Co., Ltd. signed an investment framework agreement with the People's Government of Jiashan County, planning to invest no less than 150 million yuan in the construction of an intelligent manufacturing industrial base in Luoxing Street, Jiashan. The project will focus on the production of intelligent perception lidar and vehicle thermal management micro motors, and is expected to enhance the company's technological level, production capacity, and intelligence capabilities, helping the company gain a competitive advantage in the market"
datetime: "2025-09-01T12:53:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/255480257.md)
  - [en](https://longbridge.com/en/news/255480257.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/255480257.md)
---

# Jiangsu Leili's subsidiary plans to invest no less than 150 million yuan to establish a smart manufacturing industrial base

According to the Zhitong Finance APP, Jiangsu Leili (300660.SZ) announced that on September 1, 2025, its controlling subsidiary Zhejiang Ruichi Tongli Automotive Electronics Co., Ltd. signed an "Investment Framework Agreement" with the Luoxing Street Office of the People's Government of Jiashan County (referred to as "Luoxing Street Office"). The company plans to invest in the construction of intelligent perception lidar and vehicle thermal management micro-motors, as well as laser equipment galvanometer system production projects in Jiashan Luoxing Street, with a total planned investment of no less than RMB 150 million (of which fixed asset investment is no less than RMB 120 million).

This project aims to establish a new intelligent manufacturing industrial base, upgrade and expand related micro-special motors and component system products in the automotive and industrial laser equipment fields. If the project can be successfully implemented, it will help the company maintain its technological leadership under the dual drive of consumption upgrading and industrial transformation, significantly enhance the company's production capacity, improve the intelligence level of the company's products, and enhance the company's production and delivery capabilities. It will also broaden the company's product business matrix structure to adapt to the trend of intelligent development in the automotive and industrial fields, thereby occupying a favorable position in future market competition and providing the company with abundant market opportunities and industrial synergy and cooperation opportunities

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