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    The supporting project with an annual output of 2 million electric bicycles of Luyuan Electric Vehicles (Shandong) Co., Ltd.

    I Name of the project
    The supporting project with an annual output of 2 million electric bicycles of Luyuan Electric Vehicles (Shandong) Co., Ltd.
    II Introduction to the project unit
    In 2009, Luyuan Electric Vehicles (Shandong) Co., Ltd. was established and put into operation in Shandong Yinan Economic Development Zone, with the annual production capacity of 1 million, and became one of the largest electric bicycle manufacturers in Yinan City, on this basis, in 2012, Shandong Industrial Park of Luyuan Electric Vehicles, covering an area of 1,200 mu, started construction, and in August 2014, the park opened and operated, with the annual production capacity of 2 million.
    III Project content and scale of the construction
    Centered on Luyuan Electric Vehicles (Shandong) Co., Ltd., introduce supporting enterprises of electric car parts. Build the project into a park integrating vehicle production, parts support, exhibition sales, logistics and other functions to provide an ideal carrier for the construction of the supporting project.
    IV Construction conditions of the project
    Luyuan Electric Vehicles is the world's leading manufacturer of electric personal vehicles. The Group administers five major manufacturing bases, such as Luyuan Electric Vehicles (Shandong) Co., Ltd., Luyuan Lithium Electric Bicycle Base, Luyuan Electric Tricycle Base and so on, and a number of research centers and manufacturing entities, and it is a national high-tech enterprise.
    V Total investment of the project
    $ 300 million
    VI Market and economic benefit analysis and forecast
    After the project is put into production, the sales revenue in amount of 1.6 billion Yuan will be newly increased per year, and the profit in amount of 150 million Yuan will be achieved.
    VII Ways of cooperation
    Sole proprietorship, joint venture, cooperation
    VIII Contact information
    Contact address: Economic Development Zone of Yinan County, Linyi City, Shandong Province
    Contact person: Liu Cunli
    Post code: 276300

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