Recently, the National Torch Plan Shiyan Automobile Key Components Industrial Base has been reviewed by the Ministry of Science and Technology and was recommended by the Hubei Provincial Department of Science and Technology as the 2010 National Advanced Base. The review of the site further strengthened the status of Shibuya City as the number one in Asia and the world’s top three commercial vehicle capital.

The National Torch Plan, one of the top 50 industrial cluster brands in the country, is a key component industrial base of Shiyan Automobile. It was approved by the Ministry of Science and Technology in April 2003 and was established in December 2003 in Shiyan Hi-tech Zone. Since the establishment of the base seven years ago, it has formed an auto parts industry with assets of one hundred billion, more than 1,000 kinds of assemblies, and more than 4,000 parts and components. Of the 60 kinds of auto key parts and components promulgated by the state, 48 have been produced in the core area; The total industrial output value was 49 billion yuan, the total revenue was 93.6 billion yuan, and the fiscal revenue was 1.15 billion yuan. There were 42 national science and technology projects, 68 provincial science and technology projects, and 994 patent applications.

National Torch Plan Shiyan Automobile Key Components Industrial Base After years of development, it has built the largest and most regulated auto parts trading market in the country - China (Shiyan) Auto Parts City; the country's largest ductile iron production base - Dongfeng Motor Casting No.2 Factory; Largest and highest-grade lamp and light assembly enterprise in China: Dongfeng Sanli Lighting Company; Dongbu Special Automobile Manufacturing Factory, the largest bus manufacturer in Hubei; National TCM Industrialization Base, Hubei only Hubei Qingda Pharmaceutical Technology Co., Ltd., one of the two overall GMP-compliant pharmaceutical manufacturing companies; Hubei Pioneer Mould Co., Ltd., ranked the top five in the national mold industry; and Dongfeng Longan Vehicle Co., Ltd., the only mini vehicle manufacturer in Dongfeng Co., Ltd. The company; domestic first-class high-tech incubation center - national Shiyan Hi-tech Zone Venture Service Center and China's only China (Shiyan) Automotive Research Institute. The production scale and profit of the key auto parts companies of the base autos have leapt in quality and quantity, which has greatly promoted the development of key auto parts and components industries in Shiyan and even the country. The base has become the highest industrialization level of key auto parts and components in the country. One of the most obvious areas of cluster advantage.

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