Changchun Jingkai announced that the company plans to invest 187 million yuan in the Changchun Jingkai Group's auto parts construction project to build an industrial park dedicated to auto parts companies. The project is located in Changchun Economic and Technological Development Zone. It is adjacent to Yangpu Street in the east, Anle Road in the north, Dongwu Road in the west, and Fair Road in the south. It covers an area of ​​46,200 square meters and a total construction area of ​​45,178 square meters. The investment intensity of fixed assets is 4,133.48 yuan per square meter, and all investment funds are self-financing. The company plans to start construction in April 2010 and build it in two phases. It is expected that it will be completed by the end of October 2012. The estimated total investment return rate of the project is 18.91%, the investment recovery period (after tax) is 7.84 years, and the financial internal rate of return (after tax) is 14.82%. It is estimated that the annual net profit (average value of each year) will be 23.6625 million yuan. The company stated that due to the company's short-term financial pressure, it needs to adopt an active and flexible financing method to meet the project's development needs for funding. After the project is put into use, it will become the company's new profit growth point.