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W-King completed the land auction for its headquarters project in Zhongshan's Torch Development Zone on August 11.

Invested 500 million yuan by Guangdong W-King Electro-acoustic Equipment Co, the project will be the company's intelligent electro-acoustic terminal headquarters.

The proposed headquarters include an R&D center, acoustic laboratories, a cross-border e-commerce center, a brand operation center and a manufacturing base. At its full capacity, the project is expected to produce 1.6 million units of intelligent electro-acoustic terminals per year, generating an annual output value of 600 million yuan and annual tax revenues of 30 million yuan.