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FAW Bus and other new energy projects located in three-car Longquan Economic Development Zone


Replacement services and aviation, automotive business substantially reduced losses. At the same time increase the profitability of the first half of aviation products, the company performance has increased significantly. Chief Financial Officer of Air Science and Industry in the Li Yao said, the company car business is divided into two blocks, one is a performance loss of the vehicle business, including the shares have been divested and the upcoming spin-off Changhe Hafei shares; one is more stable profits the engine business, including Dongan and a joint venture with Mitsubishi engine plant. Spin-off of vehicle operations will be completed in 2009, and stripped the engine management business is still under discussion. \sales of 1 million cars, the engine 100 million units, sales income of 1,000 billion yuan. While analysts believe that the Brilliance of the establishment of Special Purpose Vehicle company previously disclosed the Mercedes-Benz will also lay the foundation for a joint venture. In this regard, Brilliance said that at present there is only a possibility, but will this joint venture company and the Mercedes-Benz has not been determined. ◆ FAW Bus and other new energy projects located in three-car Longquan Economic Development Zone 8 月 26} _j, FAW Fawer Chengdu base, FAW and FAW-rich peacekeeping base in Chengdu of Southwest base of new energy vehicles Longquanyi District officially settled,[link widoczny dla zalogowanych], the three project will invest more than l0 million. It is understood the FAW Fawer base in Chengdu will invest up to 4 billion, in September 2011 put into operation, mainly in the FAW-Volkswagen brand accessory products based auto parts manufacturing, sales, research and development. Chengdu FAW Fuwei base will invest 180 million yuan in the completion of all base through the open area, plans to put into operation in August 2011, mainly engaged in the Volkswagen brand accessory products based auto parts manufacturing, sales, R & D products, including bumpers. The southwest base of FAW new energy vehicles will invest 600 million yuan in construction of steam through the open area of new energy production base for passenger cars in Western cattle,[link widoczny dla zalogowanych], the implementation of new energy bus stamping, assembly and welding, painting and assembly system for four technology and production FAW own brand passenger cars and new energy into its sales headquarters, R & D center, plans to achieve production in April 2011,[link widoczny dla zalogowanych], the annual production capacity of 5,000 vehicles. ◆ Special Purpose Vehicle Company Brilliance to set up an ambulance, postal vehicles,[link widoczny dla zalogowanych], etc. ◆ Dongfeng Bus Company was placed under the chassis of its assembly line construction project started from Brilliance Auto was informed that long-awaited Brilliance company will soon set up special purpose vehicles, the project has now entered the final the preparatory phase. It is understood that the new company name is now identified as \Brilliance insiders said the company will be a subsidiary of Brilliance Auto Group, pre-registration has been completed in April 2009,[link widoczny dla zalogowanych], when the registered capital of 500 million shares of large shareholders accounting for 80% of Gold Shares, Brilliance Group accounted for 20%. Early August, Brilliance Group, the meeting decided in the meeting of the company capital increase, the initial investment of 20 million, making it the largest shareholder. Brilliance Automotive Group, said Qi Yumin, chairman and president of the new company is set up, in addition will continue to develop, produce new special purpose vehicle, Brilliance Jinbei owned ambulance, postal vehicles, and other special purpose vehicles, will also be uniform classified to the new company. Brilliance side said that the company is a special vehicle to achieve Brilliance \According to Brilliance plan will achieve the year 2010 vehicle sales 5O8 Brilliance 24 mortar, Dongfeng Bus Company bus chassis assembly line and the complex building construction projects started. It is reported that the project total investment 30 million yuan, with a total construction area of 17000m, is expected to be completed in April 2010. The new chassis assembly line a \The new chassis assembly line and the comprehensive building of put into use, Dongfeng Bus Company will be changed before the situation of two things will be more conducive to production organization and coordination, making the whole value chain activities more efficient. ◆ Beijing Auto and Bosch 28 in Beijing unabated pace of international cooperation signed on August 28, Beijing Automotive Industry Holding Co., Ltd. and Germany's Bosch Group in the Beijing Hotel CVT Continuously Variable Transmission signed a strategic cooperation agreement projects. It is understood that after the project development, not only with Beijing Automotive CVT's own production capacity, development of technical resources will also master the CVT, the white line with a new generation CVT with independent property rights of technical strength. The BAI and the joint development of high Bosch Automotive Information 20o9 s 25 - _7-called core business Lili page 45
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