German Hella settled in Jiaxing to help auto parts industry upgrade
On the morning of November 28th, the factory of Jiaxing Hella Lighting Co., Ltd., with a total investment of 660 million yuan, laid the foundation for the Southwest New District of Jiaxing Economic and Technological Development Zone. After the project is put into production, it is estimated that the annual output value will reach 2 billion yuan, which will become the "second strongest" of auto parts enterprises in the zone, leading the upgrading of the auto parts industry.
The German Hella Group has established more than 70 branches in more than 30 countries around the world. The lighting company invested and established in the Jiaxing Economic and Technological Development Zone is the seventh factory set up by the Group in China and is the largest in China. Production base, the first phase of the project covers an area of ​​about 13 acres, a total investment of 660 million yuan, registered capital of 200 million yuan, production of various types of automotive lighting products, including car headlights, car taillights, fog lamps, etc., mainly for Shanghai Volkswagen, Shanghai GM and other domestic high-end car manufacturers.
Automobile spare parts industry is one of the five pillar industries in Jiaxing Economic and Technological Development Zone. At present, there are 17 auto parts enterprises in the region, such as Hantai Tire, Donghai Rubber and Murakami Ishizaki, which manufacture automobile tires, and Hyosung Spandex, which manufactures tire fabrics. Hyosung Chemical Fibers, Oriental Steel Cords for the Production of Tire Wires, etc., have an annual production value of more than 10 billion yuan for these auto parts companies. As the "leader" in the auto parts industry in this area, Hankook Tire has an annual output value of more than 5 billion yuan.
“The Hella project is a high-end manufacturing project for automotive parts and components. After the project is put into production, it is expected to have an annual production value of 2 billion yuan, which means it will become the 'second strongest' in the auto parts business of the Jiaxing Economic Development Zone.†Jiaxing Economic and Technological Development Zone Zhang Shangen, deputy director of the Management Committee, said that the Hella lamps and lanterns project will play an exemplary and leading role in upgrading the automobile parts industry in the region and accelerating the development of advanced manufacturing industries.
It is reported that from January to October this year, Jiaxing Economic Development Zone completed a fixed asset investment of 11.768 billion yuan, an increase of 11.9%. At present, the district is planning for the northern industrial zone, planning to return to the lower level and focus on the development of advanced manufacturing.
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