Economic News
Shentong Technology to invest 700 million yuan in Shanghai auto parts project 2026-06-25
Shentong Technology said on June 23 that it plans to invest 700 million yuan in an intelligent manufacturing project for automotive components in Shanghai's Lingang New Area.
The project will be carried out by a wholly owned subsidiary and will focus on businesses including intelligent cockpit and smart entry systems, according to a stock exchange filing.
The facility will integrate research and development, manufacturing and testing functions as the company seeks to expand its automotive components business.
Source: Jiemian
