On March 11th, the groundbreaking ceremony for the Kaizhong Precision manufacturing base project in Thailand was held in Rayong Province, Thailand. The project will add production capacity for core products such as overseas precision connectors and switches, focusing on key functional module areas including new energy power batteries, electronic control, and motors. The project is expected to be completed and put into production by 2027. Once operational, it will further improve the company's global supply chain system and enhance its global delivery capabilities and localized support service levels for international high-quality customers
