Recently, Jiaozuo High-tech Zone and Henan Zhongxing Group formally signed a zone agreement for the investment of 728 million yuan in Auto Parts production projects.
Henan Axis Group is one of the largest auto parts manufacturers in the country. The company's equipment, production scale and economic benefits rank among the best in the country. After extensive market research and careful investigation, Jiaozuo City Destar High-tech Industrial Development Co., Ltd. and Henan Zhongxing Group decided to jointly build high-end passenger car axle assembly production lines and camshaft production line projects. The project is a high-tech project and adopts wedge cross-rolling technology, cold-extrusion casting technology and camshaft high-precision grinding technology. Its technical level is in a leading position in the world and is in line with the national key development industrial policy.
The project covers an area of ​​327 mu and will be constructed in two phases in five years. The first phase will have a total investment of 278 million yuan, and 20,000 sets of high-end passenger car bridges and 1 million sets of high-grade engine camshafts will be completed. The value of the first phase of the project can be It will reach 850 million yuan; after the project is completed and put into production, it will realize an output value of 2.6 billion yuan and a profit tax of 500 million yuan.
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