On January 15, the Zaoyang Municipal Government and Aisin Lane Automotive Technology Co., Ltd. held a signing ceremony. He Fei, Secretary of the Zaoyang Municipal Party Committee, witnessed the signing of the contract.
According to the investment project contract, Hubei Aisin Lane Automotive Technology Co., Ltd. invested about 1.2 billion yuan to build a semi-solid aluminum casting production project. The project is located north of Fuxing Avenue and south of Hexie Road, covering an area of 310 acres. After the project is completed and put into operation, the annual sales income will reach about 1.5 billion yuan, and the operating tax will reach about 45 million yuan.
Hubei Aixin Lane Automotive Technology Co., Ltd. is mainly engaged in manufacturing precision die, precision cavity mold, mold standard parts and other series products; manufacturing automotive molds, fixtures and other series products; manufacturing cast and forged rough parts for automotive products; manufacturing brake assemblies Series of key auto parts such as drive axle assembly and transmission. R & D, design, production, sales and technical services of automotive wheels and auto parts; import and export of goods and technology.
Xie Zhengwang, member of the Standing Committee of the Zaoyang Municipal Committee and executive deputy mayor, signed a contract with a representative of the enterprise on behalf of the municipal government. Ye Shiquan, member of the Standing Committee of the Zaoyang Municipal Committee and Minister of the United Front Department presided over the ceremony.