The total investment is about 4 billion! Audio signed a "smart cengong" project

Yesterday (14) evening, Feile audio announcement, the company and cengong county government signed a cooperation framework agreement "on the construction of the" wisdom "cengong" in Shanghai city. "Wisdom cengong" projects with a total investment of about 4 billion yuan of scale, the project construction, the scale of investment, income, subsidies and other policy matters by the parties signed a project agreement.

Audio said, signed the framework cooperation agreement with the company's strategic development needs. The signing of the framework agreement does not have a significant impact on the company's operating results for the year 2017. After signing the agreement on specific projects, the company will confirm the sales revenue and profit in accordance with the accounting standards and relevant regulations of the company according to the specific project implementation.

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