Xiaxia Precision announced that the company signed a cooperation framework agreement with the Hangzhou Zijingang Science and Technology City Management Committee to invest no more than 400 million yuan in the construction of an intelligent core transmission parts manufacturing base by a wholly-owned subsidiary, Xiaxia Precision Co., Ltd. The 23rd meeting of the second board of directors of the company reviewed and passed the bill by full vote on August 31, 2026. The project construction cycle is 3 years, and implementation still requires preliminary approval tasks such as project filing and EIA approval.

Xiaxia Precision announced that the company signed a cooperation framework agreement with the Hangzhou Zijingang Science and Technology City Management Committee to invest no more than 400 million yuan in the construction of an intelligent core transmission parts manufacturing base by a wholly-owned subsidiary, Xiaxia Precision Co., Ltd. The 23rd meeting of the second board of directors of the company reviewed and passed the bill by full vote on August 31, 2026. The project construction cycle is 3 years, and implementation still requires preliminary approval tasks such as project filing and EIA approval.