On February 27, the signing ceremony of the Shenyue New Energy Vehicle Core Components Project was held at the Fanchang District Government Affairs and Cultural Center. Deputy Mayor and Secretary of the District Party Committee Xiang Jihui attended and witnessed the signing. District leaders Zhou Wei, Gao Xiang, Hua Guang, and Chairman of Fujian Shenyue Foundry Co., Ltd. Zhan Qiuyi attended the signing ceremony. The responsible comrades of the relevant departments of the district directly participated in the signing ceremony.
The total investment of Shenyue new energy vehicle core parts project is 1.5 billion yuan, and the planned land area is about 170 mu. The new energy vehicle parts production base is built, mainly to build aluminum new energy vehicle parts lost foam processing line, finishing production line, etc. Fanchang will be used as the registration place of the listed entity. After the project is completed and put into production, it is estimated that the annual sales revenue will be 5 billion yuan, and the annual tax payment will be 250 million yuan. In recent years, Wuhu City has taken new energy and intelligent connected vehicles as the top ten emerging industries, further expanding the scale of the new energy vehicle industry, improving the technical level and enhancing the brand influence. Focusing on the city’s first industry, Fanchang District actively introduces key parts and components projects for new energy vehicles, focuses on extending the chain and strengthening the chain, and boosting the scale of the industry.
Fujian Shenyue Casting Co., Ltd. was established in 2011, mainly engaged in the design, development, production, processing and sales of precision and complex castings. It is a national high-tech enterprise and a leading enterprise in the global casting industry. The company has mastered the world’s advanced lost foam core technology, and has long-term cooperation with world-renowned OEMs such as BMW, Mercedes-Benz, Porsche, etc. It has a professional design and development team and a stable and mature domestic and foreign production team. The factory and 2 technology R&D centers have gradually grown into an excellent global supplier of core mold components for new energy vehicles.