On August 14, Ningbo Feixiang Auto Parts Co., Ltd. and Qingyang County officially signed an agreement and will invest 387 million yuan to establish an auto parts processing project in the Qingyang Development Zone. This is another large billion yuan auto parts category project that was introduced after Cheongli Auto Parts in Qingyang County. The company’s arrival will form fully-equipped auto parts industry plates with companies such as Ruitai Auto Parts, Huarui Auto Parts, Jiusong Auto Parts, Changli Auto Parts, and Zhengguang Auto Parts, which have settled in Qingyang, and can produce die-casting, forging, and standard parts. All auto parts and components will further expand this county auto parts industry cluster, and will also usher in new development opportunities for the Qingyang auto parts industry, and accelerate the process of Qingyang to build a supporting base for the processing of the Lancang River and bring it to a new stage of development. In the past three years, Qingyang County's auto parts industry has risen rapidly and has developed rapidly. There are more than 10 auto parts companies. In order to make the auto parts industry bigger and stronger, the Qingyang Development Zone has formulated an overall industrial development plan, and has used its brains to integrate into the surrounding similar industries. It has developed product matching documents for car manufacturers such as Chery, Jianghuai and Changhe, and has developed matching products. Processing companies, for its processing and production of upstream products, supporting products. At the same time, we must seize the favorable opportunity for the large-scale transfer of machinery manufacturing enterprises in the developed regions such as Jiangsu and Zhejiang to the central and western regions and actively introduce casting processing and auto parts enterprises. Ningbo Feixiang Auto Parts Co., Ltd. was established in 1989, specializing in the production and processing of automotive diesel engine parts, and established a long-term and stable cooperative relationship with Guangxi Yuchai Engine Factory. This year, at the request of Yuchai's main engine plant, Feixiang Company has successively developed and manufactured rocker shaft assembly products and invested tens of millions of yuan in equipment such as large-scale machining centers and high-precision CNC centerless grinding machines. This year, it is expected to provide production support for Yuchai's main engine plant. 200,000 sets or more. In order to further expand the production scale of the company, Feixiang decided to establish a diesel engine parts processing base in Qingyang County, where the auto parts industry has a good foundation for development. The project will be completed by the end of August. The first phase of the project will start in September and will be completed and put into production in May next year. After all the projects are completed, the annual sales revenue will reach 800 million yuan.
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March 07, 2023