On June 17, Gelunhui reported that in order to obtain more orders, break through its own production capacity bottleneck, enhance customer stickiness, enhance its market development and business expansion ability, and fully-owned subsidiary Langfang Zhenhua Quanjingshen Auto Parts Co., Ltd. (referred to as "Langfang Quanjingshen") will invest in the construction of a second-phase project, with a total investment of 600 million yuan. With the use of the second-phase project, it will be helpful for Langfang Quanjingshen to expand its production capacity in the engine and assembly business, and increase its production capacity of stamping parts and hot-formed parts, enhance its market development and business expansion ability, further enhance Langfang Quanjingshen's market share and industry recognition in the Jing-Jin-Ji industrial cluster.

Project construction content: It is planned to build an intelligent automobile production project with stamping, hot forming, and body assembly welding business as the main business on an industrial site of approximately 120 acres on the north side of Fengming Road, west side of Chengju Road, and south side of Fengwu Road in Langfang Economic and Technological Development Zone. The specific location, land area, and transaction amount of the land shall be subject to the final actual transfer document.