Invest140 billion Baoneng to promote the project with an annual output of 300,000 new energy vehicles.

A few days ago, the Fuyang District Government of Hangzhou signed a project cooperation framework agreement with Baoneng Group and Hangzhou Xintiandi Group, respectively, and the three parties reached an intention to enter the project with an annual output of 300,000 new energy vehicles and Xintiandi production city complex. This is the encounter between Baoneng Group and the automobile industry after the news that it wants to acquire Qoros and Chery. However, unlike previous rumors, this time Baoneng Group really made a move. As a key industry of Baoneng Group's recent development, Baoneng has an annual output of 300,000 new energy vehicles, which will be invested and built by Baoneng Investment Group, with a total land area of about 3,000 mu and a total investment of about 654.38+04 billion yuan. The project planning is located in Luoshan Block, Lingqiao, Jiangnan New District, which mainly includes the production, testing and research and development of new energy vehicles, headquarters buildings, motors, batteries and electronic controls. Production of power support core components. It is understood that Baoneng Group, headquartered in Shenzhen Special Economic Zone, has developed into a large-scale modern enterprise group covering five core industries: property development, science park, modern logistics, comprehensive finance and medical care. Last year's Hurun Report showed that Baoneng Group's current net assets were 654.38+02 billion yuan and its market value exceeded 500 billion yuan. Hangzhou Xintiandi Group, one of the partners who signed a contract with Fuyang District Government of Hangzhou, is the holding company of Baoneng Group's subsidiary and the operator of the cultural, commercial and tourism composite industries.