Futian Engine Parts Manufacturing Center Resa Pumping Machinery Phase II Technical Innovation Settled in Hebei


On June 1st, 2011, the signing ceremony for the investment in the second phase of Beiqi Foton Chengde Engine Components Manufacturing Center and Futian Resa Pumping Machinery Xuanhua Plant was held in Beijing. Futian Automotive settled two high-end heavy machinery manufacturing projects in Chengde, Hebei Province. And Zhangjiakou.

It is understood that Beiqi Foton Chengde Engine Parts Manufacturing Center is mainly engaged in the casting of core components such as automobile engines, and will annually produce 150,000 tons of automobile engine castings and 150,000 tons of automobile chassis castings. The engine castings mainly meet the production requirements of Olympian engines, Lovol engines, Foton Cummins engines, Mercedes-Benz heavy truck engines, and Beijing Automotive Group's engines.

The project was jointly funded by Beijing Automotive Group Co., Ltd., Beiqi Foton Motor Co., Ltd. and Beijing Jianlong Heavy Industry Group Co., Ltd., with a registered capital of 500 million yuan. Beiqi Foton Motor Co., Ltd. invested 255 million yuan, accounting for 51% of the total. In terms of equity, Beijing Jianlong Heavy Industry Group Co., Ltd. invested 165 million yuan and held 33% of the shares. Beijing Automobile Group Co., Ltd. invested 80 million yuan and held 16% of the shares.

The investment in Futian Resal Pumping Machinery Xuanhua Plant's second-stage technology reform project is nearly 180 million yuan. The contents include the new pump truck joint workshop, the expansion of existing workshops, and the engineering transformation of the plant area. After the completion of the project transformation, the standard annual production capacity of special vehicles will be 9,000 units. With a maximum annual production capacity of 10,600 units, Futian Automotive greatly enhances its R&D and manufacturing capabilities for heavy machinery, making it the two most important businesses in the Foton Motors business, maximizing the integration of vehicles and enhancing the overall competitiveness of Foton Motor.

The person in charge of Beiqi Foton Motor Co., Ltd. stated that Foton Motor's transfer of high-end manufacturing to Hebei is an inevitable choice for Beijing’s current land, manpower, and other resource constraints. The industry believes that with the settlement of the two high-end heavy machinery projects of Foton Motor, the associated upstream and downstream industries will gradually develop in Zhangjiakou and Chengde, which will improve the industrial structure of these two cities and enhance the level of industrial development. Plays a very important role in promoting.

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