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Recently, a well-known domestic enterprise, the car spring giant Qianjiang Spring (Beijing) Co., Ltd., was officially settled in the auto parts industrial park of the town. After the completion of the company, the annual sales will exceed 1.3 billion yuan, which can solve the employment of 1,500 laborers.
Last year, the park achieved a total industrial output value of 920 million yuan, a year-on-year increase of 26.4%; realized tax revenue of 58.2 million yuan, an increase of 88%. The newly introduced Qianjiang Spring (Beijing) Co., Ltd. is an auto parts manufacturing factory integrating production, R&D and sales. The total investment of the project is 450 million yuan and it is expected to be completed in May next year. After the project is put into production, it will provide high-end springs and mainframe accessories for large multinational companies such as BAIC Group, Beijing Benz, Beijing Hyundai, Tianjin FAW, Embraco and domestic first-class automobile groups.
It is understood that the Yangzhen Auto Parts Industrial Park in Shunyi District, Beijing is dominated by the auto parts industry, focusing on the development of high-end manufacturing, bio-pharmaceuticals, new building materials and other industries. At present, there are 20 auto parts companies in the base, including a number of well-known enterprises such as the world's top 500 companies, Yingrui Automobile Systems Co., Ltd., and the domestic industry leader Beiqi Far East Transmission Parts Co., Ltd.