Carcoustics Shenyang Plant Esatablished

On March 20, 2019, the opening ceremony of Carcoustics Shenyang Plant, a subsidiary of Dare Auto, was grandly held, marking a new leap in the development of Carcoustics in China. Government leadership and industry strategic partners, senior executives from Dare Auto, and others attended the opening ceremony. The Shenyang Plant is the second production plant established by Carcoustics in China, following the Lang Fang Plant. In addition to the Carcoustics Technology Center established in Shanghai last year, this series of "localized research and development, production" strategies will further expand and open up markets in China and even Asia. At the same time, leveraging Deloitte's resource advantages in the domestic market and strong commercial network in the Chinese automotive market, we provide systematic solutions for numerous automotive brands.

The completion and opening of the Carcoustics Shenyang Plant and the establishment of a local R&D center also signify that we have brought more noise reduction, sound insulation, and lightweight product technologies to China. While providing localized services to customers, we have improved our technological innovation capabilities and competitiveness, laying a solid foundation for Del Corporation to maintain innovative development and promoting the development of China's automotive parts industry from extensive to intensive.