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Electronics and garments are the two pillar industries of Fenggang Town. However, with the continuous promotion of the “three-fold†construction work in this town, Fenggang Town will be expected to form a new third pillar industry auto parts industry in the future. On the afternoon of March 20, the two auto parts giants signed a contract to settle down in Fenggang, which brought a good start to the development of the auto parts industry in Fenggang Town.
It is understood that the two auto parts production giants officially signing up for the contract, the company is a manufacturer of bumper assemblies, auto body parts and other auto parts companies, is the core supplier of Shanghai Volkswagen. one. In the market share of the same industry, it has increased from 6% of the national market in 2008 to 16% in 2011. In the next three years, the company hopes to continue to expand its scale in Fenggang and strive to increase its national market share to 25%.
Another company, Yanfeng Visteon Automotive Trim Co., Ltd., is a Sino-U.S. joint venture established by SAIC and Visteon International Holdings with a joint investment of US$ 223 million. Currently, it has six injection molding machines and employs more than 650 people. It mainly provides dashboards and columns for Changan PSA and AC, AD, AT door panels and column fittings for GAC. The total sales in 2011 were US$114 million.