
Fengmao Technology plans to invest no more than 1.5 billion yuan to build a production base project for intelligent chassis thermal control systems

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Fengmao Technology plans to sign an agreement with the Yuyao Industrial Park Management Committee to invest no more than 1.5 billion yuan to build a production base for intelligent chassis thermal control systems. The project aims to enhance the production capacity of thermal management, air suspension, and sealing systems, meet market demand, strengthen research and development innovation capabilities, improve the company's competitiveness in the automotive industry chain, and increase investment returns
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