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Home - News - With a total investment of 1.05 billion yuan, Taizhou Jingjiang Yuefeng New energy light alloy die casting project started

With a total investment of 1.05 billion yuan, Taizhou Jingjiang Yuefeng New energy light alloy die casting project started

September 19, 2023

On September 16, Yuefeng New Energy light alloy die casting project with a total investment of 1.05 billion yuan held a groundbreaking ceremony in the North Park of Jingjiang Economic and Technological Development Zone, and it is expected to achieve an annual increase in invoice sales of 2 billion yuan and profits and taxes of 200 million yuan.


"Yuefeng New energy light alloy die casting project is not only a strategic measure of Jingjiang Huada Automobile Technology Co., Ltd. to optimize the development layout and extend the industrial chain, but also a benchmark achievement of Jingjiang auto parts industry to 'change the number of intelligent transformation' and accelerate into the 'new blue Ocean'." The project can further consolidate Yuefeng's position as an innovator and player in the field of car assembly parts, and will also lead the overall transformation and upgrading of Jingjiang auto parts industry, injecting strong momentum and providing solid support for the construction of Jingjiang modern industrial cluster.


Yuefeng Automotive Technology is an A-share main board listed enterprise, founded in 1980, specializing in all kinds of high-end car assembly parts manufacturing, is A "homegrown" Jingjiang enterprise. Since 2012, the company has implemented the "headquarters economy" development strategy, has set up more than 10 branches in Guangzhou, Changchun, Wuhan and other places, in the Jingjiang Economic and Technological Development Zone, the "Yuefeng Automobile Technology and Technology Plant 2", to achieve "close" production supporting services with the main engine factory.


In recent years, Yuefeng Automobile Technology has focused on the strategy of "high strength and light weight" for cars, accelerated the implementation of "new energy, new technology and new materials" project research, formed independent core technologies, achieved synchronous development, design and modular supply capabilities with car Oems, and won the "Outstanding Contribution Award" of "suppliers" of Volkswagen, Honda, Toyota, GM and other Oems. It is recognized by major customers as the domestic car assembly parts manufacturing base with development potential.


Since August 2018, Yuefeng Automotive Technology has comprehensively laid out the new energy industry, and has completed the systematic research and development of new materials such as high-strength aluminum alloy and new magnesium alloy, entering the field of innovation of key automotive components. Ge Jianghong, general manager of the company, introduced that in order to keep up with the growing demand for lightweight metal casting parts under the concept of "new material application and body lightweight", the board of directors of the company decided to invest in Yuefeng new energy light alloy die casting project to take the lead in the future body lightweight market competition.

Yuefeng new energy light alloy die casting project land 144 acres, a total construction area of 85,000 square meters, the project is constructed in two phases, will establish a number of domestic new energy light alloy die casting and body integration automatic production line and a robot assembly line. The first phase is dominated by low pressure production capacity and high pressure production capacity, and the second phase is dominated by integrated ultra-high pressure production capacity, mainly producing new energy "lightweight and high strength" body, powertrain, three-electric unit, battery box, shock absorber tower, front and rear longitudinal beam, front and rear floor and other die casting structural parts manufacturing, to achieve integrated die casting molding of new energy vehicle body. After the project is completed, it can produce 150,000 sets of battery housing, 700,000 sets of shock absorber tower, 600,000 sets of front and rear longitudinal beams and floors, and 400,000 sets of body structural parts.


In recent years, Jingjiang Economic and Technological Development Zone Chengbei Park has achieved a leap from scratch, from "0" to "1", and a number of industrial categories have "blossomed" in the park. Now the park has planned to build seven phases of industrial concentration area, attracting 103 high-quality projects, focusing on building "digital" auto parts manufacturing base, "10 billion" electronic new material industry base, "integrated" HVAC production base and "chemical" motor electrical intelligent manufacturing base four industrial clusters.


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