LUXSHARE-GAC Nansha Smart Driving Project Completed

　　The second phase of the construction of the Lisheng Intelligent Driving Control System R&D and Production Project (Intelligent Driving Project), jointly developed by LUXSHARE PRECISION (002475.SZ) -1.090 (-2.609%) and GAC GROUP (02238.HK) +0.030 (+1.091%) Short selling $32.40M; Ratio 33.647% (601238.SH) -0.030 (-0.386%) , passed the joint inspection and acceptance, marking the completion of the construction.

　　The project covers the R&D and manufacturing of core components for intelligent connected vehicles, including intelligent connected products such as driver monitoring systems, intelligent cockpit domain controllers, and self-driving domain controllers.

　　The project is located in Nansha District, Guangzhou, with a total investment of RMB3 billion and a land area of about 100 mu. The completion of the intelligent driving project will help Nansha District build a characteristic automotive industry base and promote the development of intelligent connected technologies and application innovations in the automotive industry.

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