[ocean Electric: plans to invest 1 billion yuan in New Energy vehicle Powertrain system Project] Dayang Electric announced that the company signed the Investment Agreement for Dayang Electric New Energy vehicle Powertrain Project with Chongqing Innovation Economic Corridor Development and Construction Co., Ltd. Yubei District of Chongqing uses its own or self-raised funds to invest in the construction of "Dayang Electric New Energy vehicle Powertrain system and spare parts (Chongqing) R & D and Manufacturing Base". Within the operating period stipulated in the investment agreement, the total investment of the project is about 1 billion yuan. and set up a project company as the specific implementation body of the project in the area of Chongqing Innovation Economic Corridor.