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Yinlun Co., Ltd. announced it will invest 60 million yuan to establish a wholly-owned subsidiary in Xi'an, Shaanxi, to produce air conditioning boxes and cooling modules for new energy vehicles. The first phase is expected to start operations in October 2023.
“为满足客户属地化供货需求,提升公司新能源热管理业务市场占有率,公司拟投资6000万元人民币,在陕西西安设立全资子公司。”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.