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Three projects worth over 300 million yuan ($44.42 million) and involving intelligent manufacturing, biotechnology and modern agriculture were signed with Dayun town in Jiashan county, Jiaxing, East China's Zhejiang province on May 15, according to local media reports.

Receiving a total investment of 100 million yuan, the Nayo biological technology nucleic acid detection system project will focus on key links in epidemic prevention and control. It is expected to generate an annual output value of 200 million yuan and 15 million yuan in tax revenue.

The Puchuang intelligent cockpit development project received a total of 120 million yuan. The project will leverage AR-HUD as an entry point into the fields of intelligent driving and intelligent cockpits.

In the future, the intelligent cockpit development project will cooperate with well-known domestic car companies such as SAIC Motor, GAC Group and BYD. The project is expected to generate 600 million yuan in annual output.

In addition, Dayun town introduced a fruit and vegetable industry demonstration base to increase employment among farmers in surrounding areas.