Jiwei Network news, on the evening of February 14, Wanxiang Qianchao issued an announcement that the company signed the "Strategic Cooperation Framework Agreement" with the Shaoxing Binhai New Area Management Committee on February 14, 2022. In order to actively respond to the strategy of the Zhejiang Provincial Party Committee and Provincial Government to build the Zhejiang Greater Bay Area into a world-class high-end advanced manufacturing cluster, meet the company's incremental land use needs, and implement the company's strategic planning, the company selected the Shaoxing Binhai New Area block, with a total planning area of about 1,000 mu (specifically subject to the actual bidding, auction and listing area, and then announced), to create a new base for the digital intelligence industry of Auto Parts in Wanxiang Qianchao, to build the Auto Parts Industry Cluster Area in the Zhejiang Greater Bay Area, with the goal of becoming a world-class auto parts innovation and intelligent manufacturing center.
According to the data, Wanxiang Qianchao has been committed to the research and development and manufacturing of auto parts, products from parts to components to system integration, production specialization, product serialization, supply modularity; products cover universal joints, hub units, bearings, automotive chassis and suspension systems, brake systems, transmission systems, exhaust systems, fuel tanks, engineering machinery parts and other automotive system parts and assemblies, is one of the domestic independent automotive system parts suppliers.
Wanxiang Qianchao said that the strategic cooperation agreement signed this time is a framework agreement, which is the preliminary consensus reached by the two sides on this cooperation, and the specific implementation content and progress will be further implemented and promoted according to the follow-up work of both sides. (Proofreader/Zhang Jin)