Aohai Technology announced that Zhixin Control System Co., Ltd., a holding subsidiary of the company, recently signed an “Investment Agreement” with the Wuhan Economic and Technological Development Zone Management Committee to invest in the construction of the Zhixin Control R&D center and production base project, with an estimated total investment of about 570 million yuan, including 170 million yuan in fixed assets and 400 million yuan in R&D. The project will be put into operation in 2026 and will reach production in 2030, with an estimated annual output value/revenue of 3 billion yuan after delivery.

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