Social responsibility

SOCIAL RESPONSIBILITY

04

2015

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11

Wuhan Development Zone (Hannan District) 8 projects signed total investment 4.1 billion


On the morning of October 27, Wuhan Development Zone held a centralized signing ceremony. The total investment of 8 projects was 4.1 billion, and the annual output value could reach 10 billion yuan, which will effectively enhance the competitiveness of the auto parts and home appliance industry in the development zone. Mayor Wan Yong, member of the Standing Committee of the Municipal Party Committee, Secretary of the Development Zone Working Committee, and Secretary of the Hannan District Party Committee Zhu Yi, Deputy Mayor Wang Li, and Municipal Government Secretary-General Peng Hao participated in the signing.

Li Zhong, director of the development zone management committee and mayor of Hannan District, presided over the signing ceremony. "Signing Site

Member of the Development Zone Working Committee, Member of the Standing Committee of the Hannan District Party Committee, Deputy Director of the Management Committee, Deputy District Chief of the District Government Li Lin and Zhou Warrior, respectively, with Lu Feng, General Manager of Dongfeng Asset Management Company, Stuart Lide, Financial Director of Asia Pacific Region of Gestamp Group, Hu Yibing, General Manager of Wuhan Huazi Dongjiang Auto Parts Co., Ltd. Wang Lei, General Manager Wang Yuanli, Dongfeng Fauer, General of Dongfeng Fauer, Wuhan Debjia Auto Interior Co., Chairman Ting Yong liu Xing, general manager of Industrial Co., Ltd., and Wang Yunqi, general manager of Wuhan Yunfa Auto Parts Manufacturing Co., Ltd., signed the contract.

 

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The eight projects signed are:

Dongfeng Asset Management Company Headquarters Project, Gestamp Auto Chassis and Other Parts Production and Research and Development Project, Wuhan Huazi Dongjiang Auto Parts Welding Assembly Production Base Project, Wuhan Pan-continent Machinery Production and Research Project, Dongfeng Faurecia Interior System Project, Debao Auto Automation Equipment Production Base Project, Zhongchuang Home Appliances Supporting Comprehensive Industrial Park Project, Yunfa Auto Stabilizer Bar Project.

 

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Dongfeng Asset Management Co., Ltd.

Dongfeng Asset Management Co., Ltd. is a professional financial institution invested by Dongfeng Motor Company. With a registered capital of 0.8 billion billion yuan, it is mainly engaged in industrial investment, asset acquisition, asset management and debt restructuring. The company expects that the cumulative taxable profit from 2015 to 2017 will be about 1.56 billion yuan, the cumulative corporate income tax will reach 0.39 billion yuan, and the cumulative tax contribution to Wuhan and the development zone will be nearly 0.1 billion yuan.

Wuhan Huazi Dongjiang Auto Parts Co., Ltd.

Wuhan Huazi Dongjiang Auto Parts Co., Ltd. is mainly engaged in the production and sales of automobile welding assembly parts. It is a first-class supplier of Shenlong Company, Dongfeng Honda, Dongfeng Passenger Vehicle, Dongfeng Renault, and Shanghai GM. It is planned to invest in the development zone to build a production base for auto parts punching and welding assembly, with a total investment of 1 billion yuan. It is estimated that the annual sales income will be 1.8 billion yuan after reaching production, and the annual tax revenue will be 180 million yuan to the development zone.

 

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Wuhan Panzhou Machinery intends to invest in the development zone to build gear ring production and research and development.

Wuhan Pan Zhou Machinery plans to invest in gear ring production and research and development projects in the development zone, with a total investment of 0.2 billion yuan and a land demand of 48 mu. After the completion of the project, it is expected to have an annual production capacity of 40 million copper alloy gear rings, 500000 steel-based resin gear rings and 5 million intermediate steel rings. The annual sales revenue will reach 0.6 billion yuan. The annual profit and overpayment of taxes will reach 35 million yuan and 20 million yuan respectively, and 100 jobs will be created. After the completion of the project, the annual sales income will reach 1 billion yuan, the profit will reach 0.1 billion yuan, and the tax paid will reach 0.1 billion yuan.

Dongfeng Faurecia Interior System Project

Dongfeng Faurecia interior system project is planned to be located in 59MD plot, with a land demand of 158 mu. The construction content includes production, office and R & D center. The first phase of the land is 85 mu, and the relocation and installation of equipment are expected to be completed by August 2016. The second phase of 73 mu of land will be started in 2017. After the project as a whole reaches production in 2019, the operating income will reach 3 billion yuan.

WUHAN DEBAO EQUIPMENT MANUFACTURING CO., LTD

Wuhan Debao Equipment Manufacturing Co., Ltd. is a high-tech enterprise specializing in providing specialized automotive automatic gluing equipment and automotive automatic welding production lines for automobile vehicle manufacturers and auto parts enterprises. The company plans to invest 0.2 billion yuan, with a planned land area of 40 mu, to invest in the construction of a production base project for automobile automation equipment production lines in the development zone, and to build a production base for automation equipment such as automobile automation gluing equipment and automobile automation welding equipment production lines.

 

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Zhongchuang Home Appliances Supporting Comprehensive Industrial Park

The Zhongchuang Home Appliances Supporting Comprehensive Industrial Park project is planned to be located in the Automobile and Parts Industrial Park of Wuhan Economic and Technological Development Zone. It plans to purchase 60 acres of land and the total planned investment of the project is 0.3 billion yuan to build a production, processing, packaging, warehousing, and logistics. Integrated home appliance supporting comprehensive industrial park. After full delivery, it is estimated that the output value of processing drinking fountains will be 0.5 billion yuan and the tax will be 10 million yuan. The output value of household electrical appliance components and private brand household appliances is 0.5 billion yuan, and the tax revenue is 10 million yuan. Comprehensive tax is more than 20 million yuan.

Yunfa Automobile Stabilizer Bar Project

Yunfa automobile stabilizer bar project is the only professional manufacturer of vehicle stabilizer bar and its assembly in Hubei Province. It produces a variety of different types of stabilizer bar and its assembly, providing products for 58 automobile manufacturers in 19 provinces, cities and autonomous regions. It is planned to invest in 0.2 billion, replace 50 mu of land, and use its own funds to build an automatic production line of car stabilizer bars, with an annual output of 200000 horizontal car stabilizer bars. The products are mainly for automobile companies such as "Shenlong" in the development zone. After the project reaches production, it can provide 350 jobs, with an annual output value of 0.3 billion yuan and an annual tax revenue of 29 million yuan.

 

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The settlement of the eight major projects will help to enhance the comprehensive competitiveness of the auto parts and home appliance industry in the development zone (Hannan District), and will also provide strong support for the city's "trillion-doubling" plan.


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