Jinhua Daya Automotive Parts to Invest 1 Billion Yuan in 500,000-Set Annual Production Project

Jinhua Daya Automotive Parts Co., Ltd. recently announced plans to invest in the construction of a project with an annual production capacity of 500,000 sets of automotive parts in the Jinhua Development Zone. The project includes multiple production lines for stamping, hot forming, die casting, and welding.

The total investment for the project is 1 billion yuan, with 660 million yuan allocated for fixed asset investment, covering a construction area of 86 mu. The site is located in the New Energy and High-End Equipment Industrial Park in Jinhua, Zhejiang Province, north of Xinrong Road and east of Yongxue South Street. Currently, the Phase I factory has been put into operation, primarily supplying the right front cabin longitudinal beam assembly for Leap Motor's Jinhua production site. Phase II, which involves processes such as stamping, die casting, and electrophoresis, is under construction, while Phase III is expected to add new intelligent manufacturing production lines.