The reporter learned from the city's key project management office yesterday that the construction of molds and other auto parts production projects by Kaifeng Fengde Auto Parts Co., Ltd. — known as the Fengde Parts Project — is progressing rapidly. As of the end of 2012, a total of 11.51 million yuan had been invested, which accounts for nearly the full planned investment of the project. This indicates strong progress in the development of the facility.
The Fengde Parts Project has a total investment of 120 million yuan and officially started construction in June 2012. It is expected to be completed and ready for operation by June of this year. Once operational, the project will have an annual production capacity of 2,000 sets of automotive molds and related components. Currently, the company is accelerating the construction of its production facilities, showing a clear commitment to meeting the project timeline.
Another report from the same office revealed that the Boda Dongling Vehicle Co., Ltd. auto parts project — referred to as the Boda Dongling Parts Project — achieved a total investment of 50 million yuan in 2012, surpassing its annual target by 125%. This demonstrates strong financial performance and active development.
As a supporting project for Chery Automobile’s Henan production base, the Boda Dongling Parts and Components Project has a total investment of 100 million yuan and is scheduled to be completed and put into operation by the end of this year. Upon completion, it will produce 100,000 sets of engine brackets and other auto parts annually for Chery mini cars. The project has already entered the construction phase, signaling further momentum in the local automotive industry.
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