Zhejiang Fangze New Energy Technology Co., Ltd., located in Jiaxing, Zhejiang Province, has a registered capital of 10 million RMB. The company specializes in the manufacturing of special-purpose equipment and is a professional manufacturer with years of experience in producing parts for truck and container bodies. The total investment in the project is 100 million RMB, and the construction site is located in the Boshan Automotive Intelligent Manufacturing Industrial Park. The northern production base will be established in the park, launching a new precision parts production project for new energy vehicles through a lease-to-own model. In the first phase, 2,000 square meters of factory space will be leased, and 15 precision punching machines, 7 laser cutters, 5 robotic welding units, 6 automatic assembly lines, 2 ultrasonic cleaning machines, and 50 sets of equipment such as drilling machines, milling machines, polishing machines, and grinding machines will be purchased. The company is continuously improving the level of automation in its production lines and reducing costs to increase efficiency, laying a solid foundation to adapt to and expand the market.