·Baoding will start 10 billion yuan to start auto parts industry base

On August 6, the first phase of China Auto Parts (Baoding) Industrial Base Juwei Auto Electronics Co., Ltd. held a groundbreaking ceremony in Qingyuan Economic Development Zone, marking the planned construction of 10 billion yuan, Baoding Auto Parts covering an area of ​​3,000 mu. The industrial cluster was officially launched.
According to reports, the ground-breaking project is a key starting project for the first phase of China Automotive Parts (Baoding) Industrial Base. The total planning covers an area of ​​450 mu and the planned construction is 2 billion yuan. After the project is completed and put into production, it is estimated that the annual sales income will be 5 billion yuan, the annual profit and tax will be 600 million yuan, and 8,000 new jobs will be created.
It is understood that the "China Auto Parts (Baoding) Industrial Base" project is one of the major projects promoted by the provincial party committee and the provincial government to promote 100 central enterprises into Hebei. It is a comprehensive project focusing on the production of auto parts, covering research and development and production. Six major sectors of testing, sales, logistics and life support, resource planning and construction of 10 billion yuan, planning to cover an area of ​​3,000 acres, will form an auto parts industry cluster with an output value of 20 billion.
After the groundbreaking ceremony, Qingyuan County and China Auto Parts Co., Ltd. signed a cooperation agreement on the development of China Auto Parts (Baoding) Industrial Base and a trademark and intangible asset license agreement.

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