Parts will support Shougang’s transformation in Beijing
The Fangshan project of Beijing Jingxi Heavy Industry Co., Ltd. was started a few days ago. The company’s 51% stake comes from Shougang and is therefore considered a new pawn for Shougang’s strategic transformation in Beijing. Zhu Jimin, chairman of Shougang Group, stated that by the end of this year, after Shougang ceased production of all of Beijing's steel main processes, auto parts will become an important support for Shougang's transformation and development in Beijing. The Fangshan project will become Jingxi Heavy Industry's sixth global production plant. The Phase I project of Beijing West Heavy Industry Fangshan Project covers an area of ​​109 mu and the project investment is about 360 million yuan. After reaching production capacity, it can form an annual sales income of 500 million yuan. On November 2, 2009, Jingxi Heavy Industry and Delphi Corporation of the United States formally signed a delivery agreement in Detroit, USA. Jingxi Heavy Industry successfully acquired Delphi's global automotive shock absorber and brake business. Fang Jianyi, Chairman of BWI, stated that following the successful acquisition of the shock-absorbing and braking business of Delphi in the United States, Jingxi Heavy Industry is committed to becoming a world-class automotive parts and system assembly company with internationally-owned core technologies. . Beijing West Heavy Industries Co., Ltd. started the construction of 4 million damper factories in Phase 1 of Fangshan District this year. At the same time, the reserve of 4 million second-phase electroplating line workshops will be built simultaneously with the first phase of the project, and the production capacity will be increased by 8 million lines. The relevant procedures for approval and approval should be properly handled, and procedural preparations should be made for the phased implementation of the second-phase scale. It is understood that BJHI's shock absorbers mainly provide support for BMW, Ford, Honda, Volvo and other automobile brands. Zhu Jimin stated that through the construction of Phase I and Phase II, he will gradually transfer research and development capabilities to Beijing, build R&D centers and training centers, and ultimately form the management center, profit center, technology center, and high-end component manufacturing of BWI in Fangshan District. The assembly center has become Shougang's transformation and development in Beijing, and has created an important support for the headquarters economy. Shougang actively promoted the transformation and development in Beijing, including the development of high-end metal materials, high-end equipment manufacturing, auto parts, production services, and cultural and creative industries. In accordance with the plan of Shougang, it strives to achieve a sales revenue of about 100 billion yuan in Beijing through 3-5 years of efforts. Semi-Metallic Bicycle Brake Pads Bicycle Brake Shoes,Bicycle Disc Pads,Disk Brake Pads For Bikes,Semi-Metallic Bicycle Brake Pads Wenzhou Tuxing Automobile and Motorcycle Parts Co., Ltd. , https://www.txmotorparts.com