The new plant of Huayu Continental Automotive Brake System (Chongqing) Co., Ltd., jointly invested by Continental and Huayu Automotive Systems Co., Ltd. (hereinafter referred to as “Huayu Automotiveâ€), was officially put into operation. Continental and Huayu Motor each hold 50% of the joint venture company. The new factory is located in Yufu Industrial Zone, Liangjiang New District, Chongqing. It covers an area of ​​over 80,000 square meters and has a total investment of more than 600 million yuan. It will produce zero brakes based on brake calipers, vacuum boosters and electronic parking brake systems. part.
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At the opening ceremony, Zhu Hui, general manager of Huayu Continental Automotive Brake System (Chongqing) Co., Ltd. expressed gratitude to the partners for their mutual trust, close cooperation and full support. I hope that with the expertise and advanced production experience of Continental Group, China With the market information and customer resources of the domain vehicles, the new plant will further increase the production capacity of hydraulic brake products, provide the highest quality products and localized solutions for Chinese auto manufacturers, and become the stamina of the development of major manufacturers in the west.
“Asia, especially the Chinese market, is the driving force behind the rapid growth of the Continental Group's hydraulic brake business in the next few years. The new plant in Chongqing has taken another important step in realizing our business development strategy and once again demonstrates our focus on the Chinese market. Confidence and commitment to 'rooted market, service market'.†Mr. Matthias Matic, Executive Vice President of Continental Group's Hydraulic Brake System Business Unit, said: “We are very pleased to work with Huayu Automobile to “go into the west†to establish a factory in Chongqing. To better support the development of China's automobile industry and better serve the transformation and upgrading of the western automobile industry."
Zhang Haitao, Managing Director of Huayu Automotive Systems Co., Ltd. also said: “The commitment to providing quality products and services to all vehicle customers has always been the business philosophy of Huayu Automotive. The completion and commissioning of the new Chongqing plant will enable us to be closer to our customers. To provide localized supply and faster service response for vehicle manufacturers in the western region. I believe that with the joint support of both shareholders, Chongqing new factory will serve our customers better and serve the western region. Industry development makes its own contribution."
Continental Group and Huayu Automobile have started in-depth cooperation in the hydraulic brake business since 1994. Both parties have jointly established Shanghai Automotive Brake Systems Co., Ltd. (1994) and Shanghai Continental Automotive Brake Systems Sales Co., Ltd. (2010). Year), is committed to the development and production of various hydraulic brake technology and products in China to further improve the safe driving of Chinese roads.