During the discussions, plans were examined for the production of light-emitting diode (LED) lamps, the initial processing of materials for chips, integrated circuits, and other high-tech products.
The total value of the investment projects documented in the signed memorandum amounts to $110 million.
The implementation of these initiatives will create over 500 new jobs.
Additionally, the delegation met with the chairman of the board of directors of Holley Group, Wang Licheng, to expedite the execution of joint projects.
At the beginning of 2025, a roadmap is expected to be prepared, along with the organization of weekly meetings among the participants.