According to the land transaction announcement of Chongqing Public Resources Exchange Network, Chongqing Chezhiyu Automobile Industry Company (100% owned by Chongqing Ideal Automobile Company) recently bought the A16-8 plot of A Division A of the Water and Soil Group of Liangjiang New Area for a transaction price of 430.69 million yuan, and the transaction time was January 27, 2022. It can be seen that the third plant of Ideal Automobile will be located in Chongqing.
The land area of the aforementioned plot is 1,133,400 square meters, the plot ratio is ≧0.7, the land use is Class II industrial land, the transfer period is 50 years, and the land use condition industry category is transportation equipment manufacturing.
According to industrial and commercial information, Chongqing Chezhiyu Automobile Industry Co., Ltd. was established on December 9, 2021, with a registered capital of 160 million yuan, registered at No. 618, Liangjiang Avenue, Longxing Town, Liangjiang New District, Chongqing, and 100% owned by Chongqing Ideal Automobile Company.
![Ideal Automobile entered Chongqing and spent 430 million yuan to buy an industrial land in Liangjiang New Area[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)