Dongfeng Shares and Hubei Bayi Joint Venture to Establish Auto Parts Factory in Xiangyang
On March 24, 2012, Hubei Shenyi Auto Parts Co., Ltd., a joint venture between Dongfeng and Hubei Bayi Auto Parts Co., Ltd., was established in Shenyang, which means that Dongfeng has its own frame assembly factory. According to reports, Hubei Bayi and Dongfeng Shares hold 75% and 25% of the shares of the new company, respectively. The automobile accessory project covers an area of ​​110 mu with a total investment of 360 million yuan. It mainly produces supporting assemblies and frame parts for Dongfeng Commercial Vehicles . The total designed production capacity is 100,000 vehicles/year, and the capacity of the first phase is up to 70,000 units/year. In years, it is estimated that annual sales income will reach 500 million yuan. USB 2.0 Cable, USB V2.0 Cable, V2.0 Micro USB Cable HVB ELECTRONICS CO.,LTD , http://www.hvb-ethernetcable.com