On September 27, Gelunhui announced that Rilian Technology (688531.SH) plans to carry out the "Rilian Technology annual production of 3,000 sets of industrial X-ray intelligent testing equipment" project. The project is divided into two phases of construction. This investment is for the first phase of the project, intending to participate in the auction to obtain the land use rights of approximately 44,447.5 square meters (about 66.74 acres) in Xinqu, Wuxi City through listing.
This investment is for the first phase of the project, with an investment amount of 0.7 billion yuan (including land transfer fees); the second phase of the project will be decided separately based on the construction of the first phase, the company's business development, and other external factors. The final investment amount will be based on the actual investment in the project construction and will be disclosed in accordance with regulations.