On April 22, at the 69th National Auto Parts Trade Fair held in Xiamen, a local auto parts company in Xiamen attracted the attention of all parties. Changfeng Axle, the first domestic axle company listed in Hong Kong, is also the only listed vehicle spare parts company in Fujian Province. It has made a high-profile appearance at the National Automobile Matchmaking Conference, with a number of domestic OEMs and overseas companies. Signed a number of cooperation agreements.
The reporter learned from Luo Tingshi, director of the marketing strategy department of Changfeng Axle Market Strategy Department, that Changfeng Axle was the leading supplier of independent axle components in the domestic heavy-duty truck repair market, as well as China Heavy Duty Trucks. The second largest independent bridge assembly supplier in the OEM market is also one of the largest and most complete professional manufacturers in the country. In the “Eleventh Five-Year Plan†period, Changfeng Axle has successively established production bases in Fujian, Henan, and Sichuan, and established a research and development center in Beijing. The diversified axle components provided by the company include seven types of axles. Parts, a total of more than 680 models.
In terms of OEM support, Changfeng Axle has been with Beiqi Foton, Zoomlion, Anhui Hualing, Dongfeng Nanchong, Dongfeng Special Trade, Dongfeng Chuangpu, Shaanxi Steam Baohua, Chengdu Trump, Xiamen Golden Brigade, Dongfeng Dana , Dongfeng Liuzhou Automobile, Fangsheng Axle, Xiagong Machinery and other domestic large-scale well-known enterprises in the automotive and axle industry established a long-term and stable cooperative relations. At the same time, the company also formed strategic partnerships with a number of well-known foreign companies. The products are exported to Southeast Asia, Africa, Europe and the United States and other countries, and have a vast international market.
In terms of service network, Changfeng Axle sales and service network consisting of 53 franchised stores, 25 provincial distributors, more than 150 first-tier distributors, and more than 1,500 special merchants mainly covers 30 provinces in China. The extensive sales and service network of municipalities and autonomous regions sell axle components and assemblies, and the coverage rate of the products in the domestic auto market for heavy trucks is over 90%.
Luo Ting introduced Changfeng Axle, which has shown good development since it was listed last year. From January to March this year, the industrial output value was 545 million yuan, an increase of 24% year-on-year. He said that Changfeng Axle will continue to be maintained in the domestic market as one of the largest and most complete varieties of steering axles, drive axles, trailer axles and parts and components for trucks, passenger cars and construction machinery. Strong development momentum, while focusing on global strategy and accelerating the pace of international market expansion.
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