In January 2013, the installation of the East-style Traktor transmission project in Zhuankou ended the history of the Wuhan-based Economic and Technological Development Zone with no core component companies. At present, Wuhan Development Zone has owned seven automakers such as Shenlong and Dongben. The annual production of automobiles reaches 1.5 million, but parts and components have always been its “shortcomingsâ€.
The industry generally believes that the ideal ratio of the automotive industry and the automotive industry is roughly 1:1.7. However, data from the Wuhan Economic and Technological Development Zone shows that in 2011, the total value of the completed automobile enterprises was 89.084 billion yuan, accounting for 75.95 of the output value of the automobile and parts industries. %; Parts and components companies only achieved an output value of 28.201 billion yuan, and the production of complete vehicles is much larger than that of the parts and components industry. According to the planning of the district, by the end of the “Twelfth Five-Year Planâ€, the entire vehicle and its parts and components will exceed RMB 100 billion.
“This core component company will not only increase the output value, but also extend the industry chain.†Peng Xunchao, the director of the Investment Promotion Bureau in the district, said that the development of spare parts will continue to be the focus of future work and support policies, especially for core component companies. The support policy is not weaker than the entire vehicle.
In fact, of the seven major projects signed this time, 4 projects are auto parts, with a total investment of 7.8 billion yuan and an output value of over 10 billion yuan. What is even more gratifying is that two of the seven major projects have invested over 6 billion yuan. Apart from the East-style Trak, the other one is the new polymer material production base invested by Shenzhen Keju New Materials Co., Ltd. with a total investment of 6.3 billion yuan. .
Although it does not belong to auto parts, "it is only the upstream industry of auto parts," Peng said that the product will be made into auto parts and reduce body weight. "We want to build a car industry city, not just a vehicle, but also constantly improve the industrial chain."
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