From January to May, the output value of 10 key auto parts manufacturers in Shiyan City, Hubei Province, such as Jixian Jiaheng Hydraulic Machinery Co., Ltd., Kaiqi Foundry Co., Ltd. and Longgang Foundry Co., Ltd., both increased by more than 30%. Since the beginning of this year, the county has guided enterprises to follow the development path of specialized, refined, and special parts and components. A group of companies that rely on auto parts and scrap parts have become small-scale giants in the production of parts and components assembly products.
According to the director of the County Economic Bureau, Wang Dezhi, there are 247 auto and parts companies in Ganyu County, and the annual production value exceeds RMB 1.1 billion. In order to increase the scale of the industry and improve its supporting capabilities, the county has explicitly proposed that the automobile and its supporting industries should be cultivated as one of the four pillars of the county.
The county guides enterprises in technological innovation and promotes the growing industry. The county Auto Parts Co., Ltd. and Wuhan University jointly developed the timing gears that have been established with Dongfeng, Beijing Futian, and more than 20 auto manufacturers to establish a stable supplier relationship. The nitrogen spring developed jointly by Xingsheng Industry and Trade Co., Ltd. and Wuhan University of Technology fills the gaps in the domestic market and the supply of products is in short supply. Yixing independently developed a car balance bridge assembly and successfully exported to India. Under the support of scientific and technological innovation, the county's mass-produced auto parts assembly products include more than 10 kinds of clutch assemblies, automobile balance bridges, drive shafts, and brake hubs, and five kinds of products have been recognized as famous brand products by the national and provincial levels. .
Ganxian County is also actively guiding auto parts companies to transform from bulk processing to specialized, refined and special production. At present, the county has formed Huayang Transmission System Co., Ltd. gearbox top cover assembly, Yixing company balance bridge assembly, hydraulic oil cylinder assembly of Jiaheng Hydraulic Machinery Co., Ltd., and 6 brake hub assemblies of Kaiqi Company. Automobile assembly product production base, 28 auto parts enterprises above designated size. In the first five months of this year, the county's auto parts enterprises above designated size achieved an output value of 602 million yuan, an increase of 18% year-on-year.