Xiaxia Precision (001306.SZ) plans to invest no more than 400 million yuan to build an intelligent core transmission parts manufacturing base

Zhitong Finance App News, Xiaxia Precision (001306.SZ) issued an announcement. Recently, the company signed a cooperation framework agreement with the Hangzhou Zijingang Science and Technology City Management Committee. The company's wholly-owned subsidiary, Xiaxia Precision (Hangzhou) Co., Ltd. will invest no more than 400 million yuan as the project company in the Hangzhou Zijingang Science and Technology City Management Committee and plans to select an industrial site within the double bridge unit of the Hangzhou Zijingang Science and Technology City Management Committee to build the Xiaxia Precision Intelligent Core Transmission Parts Manufacturing Base project. The construction cycle of the project is 3 years. The main products are intelligent (including four-legged robots) joint modules and their components, speed reducers, planetary roller screws, etc.