CHONGQING (CQNEWS) -- On May 9, the opening ceremony of Xinzhi Group's Chongqing factory and the contract signing for phase II project was held in Longsheng Xincheng, Liangjiang New Area. This also marks the full completion and commissioning of the stator and rotor assembly construction project of Xinzhi Group's Chongqing factory with an annual output of 3 million new energy vehicles. Meanwhile, phase II three-in-one motor project with an annual output of 1 million new energy vehicles was officially launched. It is reported that these two projects are expected to contribute 10 billion yuan in output value to Chongqing in 2030.

Yin Wei, chairman of Xinzhi Group, said that the Chongqing factory's stator and rotor assembly with annual output of 3 million new energy vehicle was the leading project for Xinzhi Group to expand strategically. The total investment of the project is 1.31 billion yuan. At present, many products have been successfully put into production, and the annual sales can reach more than 4.5 billion yuan after full production.

In terms of project construction, Xinzhi Group will build a smart factory with the goal of production interconnection and data decision-making through the deep integration of intelligent process equipment and industrial Internet of Things, industrial big data and artificial intelligence technology.

The reporter saw at the Chongqing factory of Xinzhi Group that on the bright and tidy production line, workers were working in an orderly manner in their respective positions, and robotic arms and other equipment were also fully put into use.

At present, Xinzhi Group's Chongqing factory has had two production lines put into operation, and two new production lines will be put into operation in the second half of this year. Li Hailong, general manager of Xinzhi Group's Chongqing factory, said that Xinzhi Group's Chongqing factory would build a total of 16 production lines. After the two production lines that have been put into operation produce in a full capacity, the annual output value of a single production line can reach 250 million to 300 million yuan. (Translated by Wang Zhong, Fathom Language Limited)