Jiangning will build China's largest base of automotive brake systems

On the basis of gathering more than 180 auto vehicles and supporting enterprises, Jiangning's "Automobile Corps" expanded its capacity again. On November 8, five automobile auxiliary projects with a total investment of 3.14 billion yuan were started in the Jiangning Development Zone, including an automobile brake system project jointly built by Italy Brembo and Donghua Automobile Industry Co., Ltd., with a total investment of 90 million euros. It will become the largest production base of automotive brake systems in China.

Among the five major projects, Nanjing Lianxin Project is mainly engaged in welding, stamping, engine warehousing, logistics, and automobile modification. Yanfeng Biou Automotive Exterior System Co., Ltd. invested by Yanfeng Visteon Automotive Front Parts Co., Ltd. of the world's top 500 is mainly engaged in the professional design, development, manufacture and sales of automotive exterior parts such as bumpers. Nanjing Junda Auto Parts Co., Ltd. is mainly engaged in the development and production of passenger car automatic transmissions, with an annual production capacity of 300,000 sets. Nanjing Xinhongyang Automotive Components Co., Ltd. has a total investment of 60 million US dollars. The first phase will mainly produce automobile sunroof glass. The second and third phases will involve electric vehicle production and high-end auto parts projects. The Brembo brake system project will achieve an annual output of 3 million brake discs and 2 million brake system assemblies. After all five supporting projects have been completed and put into production, an annual output value of more than 5 billion yuan will be formed.

The total investment of the 10 major projects started in the November 8th of the Jiangning Development Zone, including five automobile supporting enterprises, reached 17.2 billion yuan, involving new energy, new materials, and bio-medical industries, including the one billion yuan. There are three projects. The 56-in-one microelectronics industrial base project of China National Power Technology Co., Ltd. invests 5 billion yuan to develop devices such as semiconductor chips, microwaves, and radio frequency communications, and the total output will be about 12 billion yuan. The total investment of Jielong Bioengineering Industrial Park project is 2.8 billion yuan. It is engaged in the research, development and production of various advanced biomedical technologies. The annual sales after the completion of the first phase of the end of next year will reach 2 billion yuan.

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