Yantai Dongfang Electronic Group Co., Ltd. owns 80,000 square meters of Dongfang Electronic Software Park and 800 human resources in the IT industry. The public and environmental supporting facilities are complete. The main products include automotive parts, wiring harnesses, automotive instrumentation, ABS braking and safety systems. According to the analysis of experts, China's auto parts industry has become an important part of the world's auto parts industry. The degree of automotive electronics has increased dramatically with the increase in the level of autos. At present, the degree of electronicization of China's automobiles is lower than the international level, and there is great room for development. Dongyue Automobile is located in Yantai and will promote the development of Yantai auto parts. The prospects are bright and the market demand is huge. It is understood that the total investment for this project is 10 million U.S. dollars, and the proportion of investment is negotiated by both parties.
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