Jinfei Kaida stated that, in order to further improve the company's production capacity layout for automotive aluminum alloy wheels and meet the capacity matching needs of customers, in conjunction with industry development trends and company strategic planning, the company's wholly-owned subsidiary Yunnan Jinfei Aluminum Industry intends to invest in the "Intelligent Manufacturing Construction Project of 1.2 million automotive aluminum alloy wheels per year" in Zhanyi District, Qujing City, Yunnan Province, with a total investment of 226.2383 million yuan. The funding source is entirely from self-raised funds.
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