Xiang wants to build China's largest auto electric appliance production base
Bosch, a German multinational company, is the world's largest supplier of automotive parts, and ranks 114 in the world's top 500 with annual sales of 36.9 billion euros, of which auto parts sales are 24.2 billion euros. SAIC Motor Co., Ltd., which was restructured from the former Changsha Automobile Electrical Appliance Factory, is a large-scale state-owned enterprise in the province. Currently, it is the second largest automobile electric appliance manufacturer in China. The total assets of the company are nearly RMB 700 million. Strong alliance seeks a win-win situation The marriage between the two companies can be described as a combination of strengths and strengths. Both parties agreed that Bosch will acquire some assets of China Automobile and Changjiang Electric and establish Bosch Automotive Components (Changsha) Co., Ltd. by its sole proprietorship. At the same time, as a supporting project of Bosch Changsha Base, China Automobile Changchun Electric Power Co., Ltd. Self-invested 300 million yuan to build a factory in Changsha Economic Development Zone as the main supporting factory of Bosch Automotive Components (Changsha) Co., Ltd. Build China's largest auto electric appliance production base According to Peng Deyuan, President of Bosch (China) Investment Co., Ltd., the registered capital of Bosch Automotive Components (Changsha) Co., Ltd. is USD 32.5 million. After setting up a wholly-owned company in Changsha Economic Development Zone, it will acquire the auto starter and generator of SAIC Changzhou Electric. Business, production of automotive starters, generators and micro-motors, to achieve a strategic shift from technology output to localized production. By 2007, the total investment of this project will reach 60 million euros, and it will be one of the largest automotive electrical production bases in China. Sichuan Xinwei Rubber Co., Ltd , https://www.boprubber.com
Yesterday, the world’s top 500 companies and the world’s largest independent automotive equipment supplier, Bosch Germany and China Automotive Changchun Electric Power Co., Ltd., formally joined hands, and both parties will jointly build the country’s largest automotive electrical production base. Yu Youjun, deputy secretary of the Provincial Party Committee and executive deputy governor, said that the new round of state-owned enterprise reforms initiated by the move marked a major breakthrough in the introduction of strategic investors, implying that Hunan wants to build China's largest auto electric equipment production base. .
20 years of love long-distance marriage
According to Zhang Guocai, chairman of China National Changchun Electric Power Co., Ltd., the two sides have had nearly 20 years of cooperation. By the end of the 1990s, Bosch had wanted to marry capital with Changsha Automobile Electrical Factory. However, due to various reasons, the two sides failed to enter the "marriage hall." With the successful restructuring of Changsha Automobile and Electrical Appliance Factory into Zhongqi Changjiang Co., Ltd., Bosch and Zhongqi Long Electric Co., Ltd. have started a “marathon loveâ€. Until the “Hunan Xiangqihui†held in October this year, the two sides finally had the intention of marriage.
Zhang Guocai told reporters that parts and components are its strengths for CAIGC. Through this marriage, the company has formed upstream and downstream industrial relations with Bosch. In the long run, it is beneficial to the development of CAIC Changjiang. Although the transfer of the core part of the company, but through the introduction of Bosch's technology and management, China Automobile Changchun Electric has the confidence to become bigger and stronger.
He also stated that Bosch Automotive Components (Changsha) Co., Ltd. will give strong support to CNGAC in improving product quality and production capacity. If CAMC Changjiang performs well, it can also supply zero to other Bosch plants around the world. Accessories.