June 11, Titan signed an EPCM contract of Changjiang Automobile Co., Ltd. New Energy Electric Bus Project with Changjiang Automobile Co., Ltd. in Beijing. Titan’s general manager Wan Jun and General manager of Changjiang Automobile Co., Ltd. Chen Yanping attended the ceremony.

Changjiang Automobile Co., Ltd. New Energy Electric Bus Project is the largest industry investment projects in Hangzhou Yuhang district. The total area and investment of this project are about 1,100 acres and 5.1 billion yuan. As to the first phase of this project, the total area is 700 acres, the construction area is about 280,000 square meters and the total investment is 2.5 billion yuan.