Xinbo Shares Subsidiary to Invest 100M Yuan in New Energy Auto Parts Project

Published: May 15, 2026 09:48

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Xinbo Shares (003038.SZ) announced that its subsidiary Anhui Xinbo New Energy Vehicle Parts Co., Ltd. plans to carry out the investment and construction of the "New Energy Annual Production of One Million Sets of Lightweight High-end Aluminum Parts Project." The project has a total investment of approximately 100 million yuan, with funding to be sourced through the company's own funds or self-raised capital. The project primarily serves internationally renowned automobile OEMs, with a construction period of six months. Upon completion, the project will help the company further expand the NEV parts market and cultivate new profit growth drivers.

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