Yangzhong Great Wall Automobile’s core parts project completed its annual investment plan ahead of schedule

Yangzhong Great Wall Motor’s Honeycomb Yichuang core components project is progressing smoothly. As of the end of October, the investment of 1.15 billion yuan has been completed, and the annual investment plan has been completed ahead of schedule.

The core component project of Yangzhong Great Wall Auto Honeycomb Yichuang is a provincial-level key industry project. At present, the honeycomb power part has been completed and put into production; the first phase of the honeycomb drive part has been completed and put into production, and the related production equipment of the second phase has been installed; the first phase of the honeycomb electric drive part has been completed and put into production, the second phase of the new equipment purchase contract has been signed, and the installation will start in November . In addition, the internal construction of part of the Honeycomb Smart Steering plant has been completed, and a production line has been used for small-scale production; the production plant of the Jinggong shell project has been basically completed, and some machining lines have been put into use.

The project plans a total investment of 9.5 billion yuan and a planned land area of ​​about 727 acres. It is composed of honeycomb power, honeycomb electric drive, honeycomb transmission, honeycomb intelligent steering, precision housing and other projects, covering the development and production of core parts of the vehicle. It is expected that the annual operating income will be about 14.7 billion yuan after the full production capacity is reached. The settlement of the project in Yangzhong is an important measure of Great Wall Motor’s diversified and multi-regional linkage development strategy. It will also cultivate new economic growth points for the city.

Since the beginning of this year, centering on the “No. 1 Strategy” to strengthen the city by industry, the city has firmly established the concept of “project is king”, taking the promotion of project construction and the expansion of effective investment as the “ballast stone” for stable economic operation and the “ballast stone” for boosting the industry’s strong city. Power source”, further improve the project promotion mechanism, and actively provide service guarantees. With the efforts of various departments throughout the city, the construction of major projects is like a locomotive driving economic development, which is driving Zhenjiang to “run”.