Recently, Wuhan Changhua Changyuan Auto Parts Co., Ltd. (hereinafter referred to as “Wuhan Changyuan”), a wholly-owned subsidiary of Zhejiang Changhua Auto Parts Co., Ltd. (“Changhua”), has won a bid for an industrial land. The transaction price is RMB 13.1 million and the area is 54,147 square meters. On March 30, 2022, Wuhan Changyuan and the Natural Resources and Planning Bureau of Caidian District, Wuhan signed the “Confirmation of Transaction of State-owned Construction Land Use Rights” for the land.
Changhua Co., Ltd. invested in the “Lightweight Automobile Aluminum Parts Intelligent Production Base Project” in Wuhan, and the main body of implementation is the company’s wholly-owned subsidiary – Wuhan Changhua Changyuan Auto Parts Co., Ltd. The project plans to invest 138,805,700 yuan of raised funds. It adopts another process, which is different from the existing stamping and welding process, the die casting process, and obtains aluminum metal parts through casting methods. The production equipment includes die casting machines, furnaces, and quenching furnaces.
It is understood that Changhua Co., Ltd. has invested in the “Automotive Stamping and Welding Parts (Wuhan) Production Base Construction Project” in Caidian Economic Development Zone, Wuhan City. The project covers an area of 68,380 square meters and has a total investment of 388.7 million yuan. On the basis of the original company’s Wuhan manufacturing base, the project has now completed a 500-3000T stamping machine group, a fully automatic three-dimensional welding line, a fully automatic three-dimensional chassis assembly line, and a ring-shaped automatic electrophoresis line that can meet the surface treatment of large parts. Large-scale production has begun. stage.
Changhua Co., Ltd. said that the company’s Wuhan manufacturing base will have the ability to manufacture and assemble punching and welding integrated parts, aluminum plate punching and welding integrated parts, lightweight aluminum castings, punching and welding integrated parts and aluminum castings in the future, which can further highlight the advantages of product structure.