February 15, Huguang shares ( 605333.SH) announced that in order to consolidate and enhance the company's leading edge in the field of automotive high and low voltage wiring harnesses, and further expand the southwest market, the company intends to invest in Chongqing Yubei District to set up a wholly owned subsidiary - Chongqing Huguang Automotive Electric Co. The investment amount is 300 million yuan. After the completion of this investment, the new company will be included in the scope of consolidation of the company's financial statements.
I. Kunshan Hukuang Automotive Electric Co., Ltd. is a private enterprise specializing in the research, development and production of automotive high and low voltage wiring harness assembly, headquartered in Zhangpu Town, Kunshan City, respectively, in Yizheng, Ningbo, to establish a production base and the European Engineering Center and so on. The company's existing main customers and products are: SAIC Group (SAIC Passenger Vehicle, SAIC Volkswagen, SAIC General Motors, etc.), FAW Group (FAW Volkswagen, Audi, etc.), Germany Volkswagen, Daimler Benz, Chery, JAC, Bowo Automotive Group and other automotive companies supporting the high and low voltage wiring harness assemblies.
1, R & D capabilities and testing capabilities: the company has a high and low voltage wiring harness assembly R & D capabilities, the integration of intelligence into product design and development and process development, the integration of the two has been effectively realized, invested in the world's most advanced big data management system, product lifecycle management system, intelligent auxiliary design system. At the same time, the company has established a laboratory with comprehensive functions: benchmarking analysis area, vehicle current test area, CAE simulation and verification area and bench test area, type test area and several other functional areas, which provides a strong guarantee for design verification.
2, production capacity: with a number of foreign imports of advanced production equipment, including Switzerland's Komax355S, 433, 488S and other fully automatic open wire crimping machine, Germany's Schunk ultrasonic welding machine, etc., has formed an annual output of 2 million sets of engine wiring harnesses, 1.5 million sets of vehicle wiring harnesses and 700,000 sets of ABS wiring harnesses capacity.
3, quality assurance capabilities: with perfect quality assurance capabilities, the company has passed ISO9000, QS9000/VDA6.1, IATF16949 and ISO14001 certification since 1999, from the management system to ensure the reliability of the company's product quality, the Volkswagen Group as a class A supplier, VW60330 Crimping The company has been awarded as Class A Supplier by Volkswagen Group, Class A Supplier for VW60330 Crimping Process Quality, Class A Supplier for Audi Logistic System, and Excellent Supplier for many times by SAIC Volkswagen, Mercedes-Benz, Chery, JAC and other famous domestic and foreign auto companies.
4, enterprise honors: won the Ministry of Industry and Information Technology "intelligent manufacturing pilot demonstration enterprises", "Jiangsu Province Model Intelligent Workshop", high-tech enterprises in Jiangsu Province, Jiangsu Province, high-tech products in Jiangsu Province, Jiangsu Provincial Enterprise Technology Center, Jiangsu Province, Jiangsu Province, Famous Trademark, Jiangsu Province famous brand products, Suzhou Science and Technology Innovation Demonstration Enterprise, Suzhou Star Enterprise, Suzhou Top 100 Private Enterprises and other honors.