Bosch China's Western Industrial Base Settled in Chengdu

Bosch Automotive Components (Chengdu) Co., Ltd. occupies an area of ​​approximately 127,000 square meters (190 acres) with a total investment of 137 million US dollars (approximately 880 million yuan), and is the second production base of the Bosch chassis control system in China.

The first phase of the project, with an investment of approximately US$43.8 million (approximately RMB280 million), will be completed in early 2013 and is expected to produce 1.4 million sets of ABS/ESP systems and 19 million sets of wheel speed sensors per year.

Main capital inflows into individual stocks (02/20) Institutional capital flows have been found to change rapidly Free Level-2 high-speed market charging software powerful features limited free time on February 14, a total investment of 137 million US dollars (approximately 880 million yuan), an area of ​​190 acres Approximately 127,000 square meters of Bosch Automotive Components (Chengdu) Co., Ltd. formally laid the foundation for Chengdu Economic Development Zone in Sichuan Province. Among them, the project investment expected to be completed in early 2013 is 43.8 million US dollars (about 280 million yuan).

The reporter noticed that the Bosch Chengdu new plant and the previously-built FAW-Volkswagen 3 plant, the FAW Toyota Chengdu plant and the building of the Volvo Chengdu base, and the Geely Chengdu factory are located in the same development zone and can achieve almost zero-distance support. Chen Yudong, president of Bosch China, told the reporter that through the selection of Chengdu and the establishment of a second production base in China for the chassis control system, Bosch will actively commit itself to sustainable development in the central and western regions of China, so that “rooted local, service The "domestic" development strategy in China has been further deepened. It was also learned that the investment agreement for this project was signed by Bosch and the Chengdu government in August 2011.

The first phase of the Bosch Chengdu new plant is expected to achieve an annual output of 1.4 million sets of ABS/ESP systems and 19 million sets of wheel speed sensors. “The establishment of the Chengdu plant is an important measure for the development of Bosch Chassis Control Systems in China and will enable us to further meet the growing demand for vehicle safety technology from domestic vehicle manufacturers.” said Dr. Dirk Hoheisel, Executive Vice President of Chassis Control Systems at Bosch, “Chengdu A good investment environment, complete infrastructure and a rapidly developing automotive industry are all important factors that attract us to invest here."
Bosch China's Western Industrial Base Settled in Chengdu

Since entering China in 2002, the Bosch Chassis Control System has established the Suzhou Technology Center in 2005, the Vehicle Test Road in Suzhou in 2006, and the Winter Automotive Testing Technology Center in Yakeshi, Inner Mongolia in 2008; the car in Donghai, Jiangsu Province The first phase of the test technology center will also be completed by the end of 2012. In addition, the Bosch Chassis Control System Suzhou new plant was put into operation in September 2011, further strengthening the production capacity of vehicle safety products and technologies. Adhering to the development strategy of “getting rooted in local and serving the mainland” in China, Bosch Chassis Control System is committed to satisfying the continuously growing market demand by continuously deepening the localization process.
Dirk Hoheisel, Executive Vice President, Bosch Group Chassis Control Systems
Dirk Hoheisel, Executive Vice President, Bosch Group Chassis Control Systems

Through the selection of Chengdu, one of the most influential cities in western China, Bosch has demonstrated its firm confidence in achieving sustainable development in western China. Mr. Rui Shizhao, member of the board of directors of Bosch Group and head of Asia Pacific, said: “According positively to the national strategy for the development of the west, Bosch has launched a series of investments in the western part of China. We hope to seize every opportunity to realize the Chinese market. Long-term sustainable development."

To meet the demand for local talents for sustainable development in the western region, Bosch will recruit approximately 1,000 employees for the new plant in Chengdu in the next three years. In addition, Bosch actively pursues corporate social responsibility in the western region: In 2011, Bosch China Charity Center launched the “School Grant Program” and will invest RMB 5 million in the next three years, which will be 900 in eight institutions. Poverty-stricken freshmen funded the first year's tuition, of which three institutions are located in the western region.

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