Zhitong Finance App News, HuaWei Technology (001380.SZ) announced that in order to further implement the company's development strategy, optimize the regional layout of production capacity, and expand the multi-purpose high-strength small spring business development space, the company's wholly-owned subsidiary, Wuxi Huawei Spring Co., Ltd. (hereinafter referred to as “Wuxi Huawei”) plans to invest in the construction of a multi-purpose high-strength small spring production base project in Huishan District, Wuxi City, Jiangsu Province, with a total investment of about 500 million yuan.

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