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Wuhan Youfin Auto Parts Co., Ltd., a subsidiary of West Shanghai, signed an agreement with Wuhan Economic and Technological Development Zone to build a new R&D and manufacturing base for wire-controlled braking products, with an investment of approximately 156 million yuan. Production is slated to begin in 2027.
“With a total investment of approximately 156 million yuan, the facility will focus on wire-controlled braking products, including hydraulic electronic parking brakes (EPB).”autonews.gasgoo.com
Summarized from public sources; check the original articles before acting on it.