Nanyang, Henan Province: Foundation of 660 million yuan for auto parts projects

Recently, Henan Nanyang Xiangdong Machinery Industry Co., Ltd. has invested a total investment of 660 million yuan in front and rear bridges and parts and components projects "quietly" laid the foundation.

It is reported that this project is planned and designed by the Sixth Design and Research Institute of the Machinery Industry. Its process equipment is mainly flexible machining centers and CNC machine tools. It mainly produces automotive front and rear bridges, and can also produce auto parts and other independent research and development products. After the completion of the project, it can realize an annual sales income of 910 million yuan, an annual profit tax of 50 million yuan, and more than 1,000 new jobs, and will further extend the Nanyang automobile industry chain.

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