On July 6, 2012, the signing ceremony of the high-tech industrial park of Jinxian County and Jiangxi Shunwei Auto Parts Co., Ltd. was held. Jiangxi Shunwei Automobile Parts Co., Ltd. will requisition 200 mu of land in the high-tech industrial park of Jinxian County with an investment of 120 million yuan. Build auto parts production base. This is the first company in the JMC subsidiary that has settled in Jinxian. It will further promote Jiangling Group's establishment of a 100 million yuan enterprise and Jinxian County to create a core growth characteristic exhibition area.
Jiangxi Shunwei Automobile Parts Co., Ltd. is a joint venture established by Jiangling Group Car Interior Parts Factory and Jinxian Dongcheng Industrial Co., Ltd., and was officially incorporated in June, 2012 in Jinxian County. After the establishment of the new company, the company mainly produces and sells automobile profiles and welded pipes, and develops other auto parts products in due course. Jiangling Group's interior trim parts factory plans to put 21 products into the production of Li Wei, in an effort to make Shu Wei company double its sales value within three years, and achieve an output value of RMB 300 million by 2016.
Jiangling Group Carriage Interior Parts Factory is a key wholly-owned subsidiary of Jiangling Motors Corporation. It has more than 30 years of rich experience in the production of auto parts and components. In 2011, it had sales of nearly RMB 1.5 billion. Jinxian Dongcheng Industrial Co., Ltd. has many years of cooperation with Jiangling. It is a high-tech enterprise specializing in R&D and sales of auto parts, stamping parts and high-frequency welded tubes. The joint venture between the two parties to establish Shun Wei Auto Parts Co., Ltd. is to achieve better and faster development through cooperation and contribute to the development of Jinxian Auto Parts Industry.
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