Forging Ahead into a New Era! New Industrial Park of Speed's Subsidiary Jinri Industry Completes Construction

Today, the new industrial park of Speed's subsidiary Huizhou Jinri Industry Technology Co., Ltd. — Jinri Innovation Technology Park — was officially completed. Leaders from relevant government departments, industry partners, customer representatives, executives of Speed, and all employees of Jinri Industry attended the completion ceremony, jointly witnessing this historic moment. The completion of the new industrial park marks a new stage in the capacity and technological upgrading of Jinri Industry.

After the ceremony began, Deputy General Manager, Mr. Xie Shen shared the construction journey of Jinri Innovation Technology Park. Subsequently, Mr. Fukui, General Manager of the core partner Zhurun Wiring Systems, presented a Quality Award to Jinri Industry, followed by a congratulatory speech from Mr. Yang Junhan, General Manager of Huirun Company.

Zhu Kunhua, Chairman of Speed, delivering a speech

Zhu Kunhua, Chairman of Speed, attended the ceremony and delivered a speech. He stated that since its establishment in 2008, Jinri Industry has been deeply committed to the automotive wiring harness field. By leveraging technological innovation and intelligent manufacturing to build its core competitiveness, the company has successfully ranked among the industry's forefront, gained recognition from leading domestic new energy enterprises, and established long-term strategic partnerships. Its products and supporting services now cover numerous flagship automotive brands. The official completion of Jinri Innovation Technology Park marks a milestone step for Jinri Industry in the fields of digital transformation and intelligent manufacturing.

Finally, at the invitation of Xie Erbiao, Chairman of Jinri Industry, the guests present performed the ribbon-cutting ceremony.

Xie Erbiao, Chairman of Jinri Industry, delivering a speech

Ribbon-cutting ceremony

Jinri Industry is a holding subsidiary of Speed and a key part of Speed's strategic layout in the new energy vehicle industry chain. Building on its deep technological expertise accumulated in the automotive wiring harness field, Jinri Industry possesses independent design, development, and manufacturing capabilities for complete vehicle wiring harnesses and special wiring harnesses. It provides customers with one-stop integrated solutions, with a product portfolio covering fuel vehicle wiring harnesses, new energy vehicle high- and low-voltage wiring harnesses, EV/HEV/PHEV dedicated wiring harnesses and components, special wiring harnesses, and other electronic wiring harnesses. The company has established long-term strategic partnerships with leading domestic new energy enterprises.

To further support business growth, construction of the Jinri Innovation Technology Park project officially began in November 2023. The project represents a total investment of over 200 million CNY, covers an area of 24,000 m², and has a total floor area of 48,000 m². The project successfully passed inspection and officially commenced production in January of this year. It will further enhance production capacity and product quality assurance capabilities, shorten delivery lead times, and enable rapid response to diverse and customized customer requirements.

Moving forward, Speed will further its dedication to the new energy market, foster new quality productivity, and fuel the global new energy vehicle industry.