On the morning of December 3, the auto-controlled common rail fuel system production and R&D center project of Rui Chi Man Automotive Components (Qingdao) Co., Ltd., with a total investment of US$70 million, laid the foundation for the Qingdao Development Zone. It is a high-tech enterprise invested by Germany's Mannesmann, Hong Kong Sunny and Shandong Longkou Fuel Pipe Co., Ltd. This will add a new force to the automobile industry chain of the development zone. After the completion of the first phase of the project, it will produce an annual total of electronic control. The rail system will have 2 million units and sales will reach 1 billion yuan. The products will break the monopoly of foreign companies and fill domestic gaps, change the situation that this product has been relying on imports, and will be sold back to developed countries such as Europe and America. Accelerate the Construction of the Northern Auto Industry Base The reporter learned from the Development Zone that relying on leading industries such as Foton Lovol, SAIC-GM-Wuling, and Corrit, auto parts supporting companies have gradually become a climate, together with the main industry to form a huge-capacity automotive industry cluster, and the traction effect is prominent. The foundation of the start-up of the project of Richman Auto Parts (Qingdao) Co., Ltd. marks a new addition to the automobile supporting industry in the development zone, which makes the development zone further improve the West Coast automobile industry chain and build the northern automobile industry base. A big step forward. After the project is completed, it will effectively promote the development of the automobile accessory industry in the development zone, and it will have a positive effect on promoting the employment of the labor force and accelerating the local economic development. The development zone will focus on the introduction of auto production and auto parts projects, improve the West Coast auto industry chain, and create a northern auto industry base. It is reported that this project will synchronize the construction of R&D centers and product laboratories, and the R&D center will become a state-level enterprise technology center. According to statistics, at present, the Development Zone now has more than 30 auto parts enterprises that have been put into production, and the automobile production base has begun to take shape. From January to September of this year, the output value of the auto industry cluster reached 17 billion yuan, an increase of 96.8% year-on-year, and it has become the fastest growing and fastest growing industrial cluster among the six major industrial clusters in the development zone. A research and development center pays hundreds of millions of yuan in taxes annually The production and R&D center of the Auto Electronic Common Rail Fuel System of Richman Auto Parts (Qingdao) Co., Ltd. is a high-tech enterprise that is jointly invested by German Mannesmann, Hong Kong Sunny and Shandong Longguan. The leading product is Electronically controlled common rail fuel injection system. In the current common rail fuel injection system market, although the market prospects are good, the core technology of the EFI system has long been closely controlled by foreign companies. The settlement of the project will effectively address the situation where this technology relies on imports, and at the same time it will also enhance the R&D technical capabilities of the development zone in the automotive industry. According to reports, this project is located on the west side of Jiangshan Middle Road with a total investment of 70 million US dollars and a registered capital of 30 million US dollars. After the project is completed, it can realize an annual output value of 1 billion yuan and a profit and tax of 100 million yuan. German Mannesmann, one of the investors, is an internationally renowned auto parts manufacturer and a top supplier to Mercedes-Benz, BMW, and other companies. It has world-leading technology in automotive electronically controlled fuel injection systems. The investor, Shandong Longkou Tubing Co., Ltd., is a subordinate company that has Yantai Ruichi Auto Parts Co., Ltd. and Longkou Huaan Fuel Injection Co., Ltd., which specializes in the production of electronically controlled common-rail fuel injection systems for high-end automobile plants and diesel engine plants. It is a domestic automobile and diesel engine. Supports the largest production line and the most complete variety of manufacturers. Strong cooperation will have a positive effect on promoting the development of automobile accessory industries in the development zone and accelerating local economic development. Jet Tin Furnace,Tin Melting Furnace,Split Tin Furnace,High Temperature Resistant Jet Tin Furnace Shenzhen Maijie Automation Equipment Co., Ltd. , https://www.mj-autowelding.com