Kelu Electronics announced that the company's holding company, Suzhou Kelu Dongzi Electric Co., Ltd. plans to invest in the smart electric headquarters base expansion project. The total investment of the project will not exceed 100 million yuan. The funding source is Suzhou Kelu's own or self-funded, and the construction period is about 37 months. The project will build a plant to support the construction of facilities such as the smart grid equipment headquarters R&D center, CNAS laboratory, and intelligent distribution grid electrical equipment production line. The aim is to increase production capacity, lay out new high-voltage transmission and transformation product business, and enhance comprehensive strength and market competitiveness. This investment does not constitute a related transaction or major asset restructuring, and there is uncertainty about the project land auction, related approval matters, and investment income.

Kelu Electronics announced that the company's holding company, Suzhou Kelu Dongzi Electric Co., Ltd. plans to invest in the smart electric headquarters base expansion project. The total investment of the project will not exceed 100 million yuan. The funding source is Suzhou Kelu's own or self-funded, and the construction period is about 37 months. The project will build a plant to support the construction of facilities such as the smart grid equipment headquarters R&D center, CNAS laboratory, and intelligent distribution grid electrical equipment production line. The aim is to increase production capacity, lay out new high-voltage transmission and transformation product business, and enhance comprehensive strength and market competitiveness. This investment does not constitute a related transaction or major asset restructuring, and there is uncertainty about the project land auction, related approval matters, and investment income.