On April 28th, 2022, the signing ceremony between EA Company and Huishan Economic Development Zone in Wuxi city, Jiangsu province was held successfully in Huishan District. Secretary Wu Jianyuan of Wuxi city, director Meng Dong of Huishan district, district chief Yu Jie,chairman of EA Zhang Dehui, vice president Wu Nan, general manager Jiao Nayong,deputy general manager Li Guang of Great Wall intelligent technology, deputy general manager of Great Wall intelligent technology Zhang Liang and other distinguish guests jointly witnessed this important cooperation.

At the ceremony, Chairman Zhang of EA Company introduced the project status and future development plan. EA always adheres to the development concept of focus, honesty, originality and intelligence, insisting to be a professional, concentrated, expertized champion in this industry. The active suspension Project is an important part of EA  in east China, which will provide strong support for EA’s strategy, and at the same time EA will also actively step into domestic and also international leading OEM markets. After EA settled in Huishan district of Wuxi, it will strive to make the active suspension project of Huishan district of Wuxi into a domestic excellent components benchmark project and at the same time serve the local industrial chain ecology, economic development so as to bring great economic value and social benefits.
 

The secretary Wu Jianyuan of Huishan district delivered a speech, expressing warm congratulations on the launching of this project, hoping that Huishan Economic Development Zone would take this signing ceremony as an opportunity to promotethe gathering and optimization of automotive industry resources. It will be helpful to accelerate the development of automotive leading companies in Huishan district. He said that with the project settled in Huishan Economic Development Zone, it not only made up the absent for the development chain of automobile industry, but also contributed new strength to lead the development of automobile industry. With this project established in Wuxi, Huishan economic and developing zone will further implement its ideology, which will keep advocating real economy's advantages and strive to achieve more breakthroughs on basic advancement and industrial modernization. That is how it can motivate the development of automotive industry, talents and technical innovation stepforward and upgrade to a new level.
 

Then, EA and Huishan Economic Development Zone held the signing ceremony.

       
 

EA intelligent core component project is a global intelligent suspension system solution which integrates research and development and production. Its main business includes: EDC and EAS; Total 3.1 billion yuan was planned to be invested. After completing the project successfully, the capacity of this production line can reach 1.1 million sets of EAS and 2.6 million sets of EDC, annual revenue was estimated to reach 10 billion Yuan each year, provide more than 1000 jobs.

The formal signing of the active suspension project has added an important section for the intelligent industrial layout of EA vehicles and laid a solid foundation for the company's long-term development and better customer service in the future. EA company will continue to take the mission of "Green,Digital Intelligence,leading industrial transformation and upgrading", continue to increase research and development investment, and bring more competitive products and technologies to customers, make positive contributions to the development ofthe global automobile industry.