Capacity Expansion under Capital Increase and Industry Strengthening

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On January 26, in Phase II Capacity Expansion Workshop of Liangcheng Auto Parts Co., Ltd. in Xiaogan High-tech Zone, workers were busily making to order. This Company is mainly engaged in the production of auto lamp harness and transparent light guide parts and the supported production of harness and injection molding for Koito, Magneti Marelli, Yazaki and other enterprises. Under the ever-increasing market demand and industrial orders, this Company invested RMB 40 million in the production scale expansion last year, with an annual output of 5 million sets of auto injection molding parts and an annual total output value of RMB 100 million.

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