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China National Heavy Duty Truck Yongan Commercial Vehicle Production Project signed the 14th China International Investment and Trade Fair. Mayor Liu Daozaki and deputy mayor Chen Youji witnessed the signing of the project, and deputy mayor Zhu Changxian signed a contract with CNHTC on behalf of the municipal government.
The project is located in Sanming City's Poling Automobile Industrial Park. The planned total investment is 2 billion yuan. After the project is completed, it will form an annual production capacity of 80,000 to 100,000 heavy-duty and light trucks. The total investment for the first phase is 800 million yuan. Yuan, with an annual production capacity of 80,000 commercial vehicles.
In order to implement the National Plan for the Adjustment and Revitalization of the Automotive Industry, and actively support and participate in the national “West Coast Development Strategy†and promote the leapfrog development of the local auto industry, Sinotruk decided to establish a commercial vehicle company in Fujian with Fujian Yongan Automobile Company. The two parties cooperated to import advanced heavy and medium card products and technologies from China National Heavy Duty Truck to upgrade existing mature products, establish high-, medium-, and low-end product lines and industrial chains, and actively integrate advanced, applicable and scientific management methods and excellence of the two parties. The company's corporate culture carries out business activities and improves the competitiveness of its products in domestic and international markets with cost-effective products, timely delivery and perfect after-sales services.
China National Heavy Duty Truck Group is the major domestic heavy-duty vehicle production base, and is also the cradle of China's heavy-duty auto industry. It has made significant contributions to the development of the national economy and national defense construction. In 1960, China's first heavy-duty vehicle (Yellow River JN150) was developed. In 1983, Steyr heavy-duty vehicle production technology was introduced across the board, and in 2009, a strategic cooperation with German Mann was established. In 2009, 125,000 heavy-duty vehicles were produced and sold, and it has entered the forefront of the global heavy-duty truck industry.
The favorable investment environment in Sanming City and Yongan City, Yongan Automobile's relatively good production base, sales network and management team, and the broad market prospects in the southeastern region eventually led to a consensus reached between Sinotruk and the city, leading to the signing of the project.