The NIDEC GPM Auto Parts Project was invested and built by the NIDEC GPM Group (Germany), a global leader in the development and manufacture of automotive engine cooling and lubrication systems, ranking second in the European market. The project covers an area of 60 mu and is located in Zhejiang Sino Germany (Jiaxing) Industrial Cooperation Park with a registered capital of 35 million US dollars and a total investment of 105 million US dollars. It is estimated that the annual sales will not be less than 1.2 billion yuan after reaching production in 2025. At 360 million yuan.