Recently, the Beijing Automobile Production Base in Shunyi District reported news that in a short span of one year, it has successfully attracted 17 automotive parts and components companies, with a total investment of 3.4 billion yuan. In the first quarter of this year, sales revenue was 4.18 billion yuan. As of the end of last year, the district has invested 150 million yuan in total, completed the construction of the "eight-for-one-one-level" automobile base, and improved municipal facilities and good prospects for development, which has attracted many auto companies to "settle their homes." Beijing Hyundai Motor Co., Ltd. was the first company to introduce a car base. It not only built a car assembly plant, but also included 17 parts and components companies such as Beijing Hyundai Mobis Automotive Parts Co., Ltd., and these parts and components companies have successively put into production. The localization rate of modern automobiles has reached 80%. This district vigorously builds the automobile industry chain and actively radiates to the entire region. Since last year, Beijing Automobile Manufacturing Co., Ltd. has invested 620 million yuan to set up a branch factory in Renhe Township, producing 20,000 off-road vehicles for "Road Fighter"; and the world's largest manufacturer of car seats and automotive interior products --- Beijing Johnson Auto Parts Co., Ltd. settled in Linhe Development Zone with a registered capital of 15 million US dollars; Yanfeng Visteon (Beijing) Automotive Trim Systems Co., Ltd., the largest and most technologically advanced automobile trim enterprise in China, has also started laying the foundation in Linhe Development Zone. At present, the company has been able to provide nine kinds of interior trim parts for Sonata; Beijing Shizhong Auto Parts Co., Ltd., which specializes in the production of muffler products for modern automobiles, has been completed and put into production in Beixiaoying Town with an annual production capacity of 50,000 units and achieved sales last year. Income 80 million yuan. Not only that, but also a number of companies supporting the production of ancillary products for modern auto parts and accessories companies have also entered the district. Korea Sanwu Co., Ltd. has produced air-conditioning fans for Yanfeng Visteon Air-Conditioning Co., Ltd. It is estimated that it will invest US$2 million; Dachang Auto Parts Co., Ltd. and South Korea’s DAS Co., Ltd. will produce matching products for Johnson Controls. The three companies will invest US$3 million and US$4.6 million respectively. The industry chain is extending in this area. Source of information: Daily Beijing Daily
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