On April 28, 2011, the signing ceremony of the Sichuan Hyundai Motor joint venture project was held in Chengdu. Sichuan Nanjun Automobile Group and Korea Hyundai Motor Co., Ltd. signed a Sino-foreign joint venture contract, and Hyundai Motor will formally enter Sichuan Province to jointly build a world-class commercial vehicle production base with international competitiveness and independent research and development capabilities in Ziyang City.
According to the "Sino-Foreign Joint Venture Contract" signed by both parties, Sichuan Nanjun Automobile Group Co., Ltd. and South Korea's Hyundai Motor Co., Ltd. will jointly establish Sichuan Hyundai Motor Co., Ltd. in Ziyang. The two sides will each hold 50% shares, and the first phase will invest 3.6 billion yuan. Make full use of the latest commercial vehicle technologies and core resources of both companies to build a world-class commercial vehicle production base with international competitiveness and independent research and development capabilities, and plan to manufacture medium- and long-term electric vehicles, energy-saving and eco-friendly vehicles, and CNG vehicles that meet China's environmental protection policies. Energy vehicles. We will strive to form an annual production capacity of 150,000 commercial vehicles by 2013, form an annual production capacity of 400,000 commercial vehicles by 2017 and form an annual production capacity of 700,000 commercial vehicles by 2020. After the project is implemented, related industries such as animal currents, automobile trade, and parts manufacturing will be developed to provide strong support for the development of Sichuan and Ziyang automotive industries.
Korea Hyundai Auto Co., Ltd. is Korea's largest automaker, and it is a Fortune 500 company. It ranks fifth in the world in terms of production and sales, has strong R&D capabilities, global brand influence, excellent management capabilities, and strong capabilities. The capital strength. In 2010, 5.7 million automobiles were sold, of which sales in overseas markets dominated; modern brands were selected as the global TOP 100 brand for five consecutive years, and ranked the 8th in the world's most valuable automobile brands in 2009; in South Korea, the United States, Europe, Japan, and India There are technical institutes with 9,200 R&D personnel, accounting for 5% of the total number of employees; modern models have received the highest appraisal in product performance, quality, modeling, and user satisfaction.
Sichuan Nanjun Automobile Group Co., Ltd. is a commercial vehicle manufacturer ranked 13th in China in terms of production and sales volume, a leading company in the commercial vehicle industry in Sichuan Province, a large-scale enterprise and a large group cultivated in Sichuan Province. It currently has 6 subsidiaries and 2 subsidiaries. Domestic companies participate in shares, and their business operations cover truck manufacturing, passenger car manufacturing, parts manufacturing, automobile trading, warehousing and logistics. The leading products are Nanjun brand heavy, medium, light and mini trucks and large, medium and light passenger vehicles.
Ziyang is a new industrial city in the Chengdu-Chongqing Economic Zone. It is known as the Western Motor City. It is led by railroad locomotives and trucks, and it has begun to take shape with its professional components such as diesel engines and rubber tires. . By 2015, the automobile building industry will become the first 100 billion yuan industry in Ziyang. At present, Ziyang has been included in the "One Heart and Two Wings" plan of the Sichuan automobile industry to focus on development, and a new pattern of regional economy focusing on the commercial vehicle industry is being built.
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