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Geener, a Geely Technology Group affiliate, signed an agreement to renovate an existing plant in Wenling, Zhejiang, into an automotive-grade semiconductor testing and packaging base. The total investment is approximately 1.03 billion yuan, with the first phase renovation starting within one month and completing by September 2024, and production commencing in December 2024.
“The total investment for this project is approximately 1.03 billion yuan and will be implemented in two phases.”autonews.gasgoo.com
Summarized from public sources; check the original articles before acting on it.