Youth Automotive Group Ningxia Yinchuan Shizuishan Construction Project has invested 300 million yuan

A few days ago, the opening ceremony for the foundation survey project of the Youth Car Group's Yinchuan Shizuishan Construction Project in Ningxia was held in the Xinghai Town Economic Zone. Since the project was formally signed on September 16, over 60 senior executives and experts of the Youth Automotive Group have completed the project within 3 months. The project site selection, company registration, planning and design, approval, financing and other preparatory work.

It is understood that Youth Automotive will invest and build an annual output of 210,000 heavy-duty trucks, 510,000 large-scale automobile engines, 60,000 automotive hybrid energy transmissions, 200,000 tons of automotive iron castings, aluminum castings and aluminum-magnesium alloy castings in Shizuishan City. As for auto parts processing, automobile glass and solar glass, the total planned investment is 26.709 billion yuan. In the first phase, 5 projects and 13 subprojects were invested and constructed, with a planned investment of 8.083 billion yuan.

It is reported that the project plans to build a heavy-duty truck vehicle and parts base in Dawukou District, and build automotive iron castings, aluminum-magnesium alloy castings, automotive glass and solar glass bases in Huinong District, and build automobile engines and hybrids in Pingluo County. Energy transmission, automotive aluminum casting base. Among them, the annual output of 200,000 sets (sets) of truck parts in the Dawukou project area assembly plant has already invested 110 million yuan; the first production line of the Sanqing plant truck project was put into production in batches on July 8, and the second automated production line was 9 Starting construction on the month, the project has completed an investment of 170 million yuan; the first-phase civil engineering construction team of the LOW-E energy-saving glass project with an annual output of 18 million square meters in Huinong project area has entered the field, and has invested 43 million yuan; the engine area of ​​the Pingluo project area The project of 500,000 sets (sets) of engines and 60,000 sets of gearboxes has been completed in design, tendering, foundation excavation, and partial capping. The investment has been completed by 14.64 million yuan.

YMCA currently has three major subgroups: Commercial Vehicle Group, Passenger Vehicle Group and Auto Parts Group. It is a comprehensive automotive industry group that produces and sells NEOPLAN passenger cars, MAN heavy trucks, Lotus cars and auto parts. The automobile manufacturing industry projects such as large-scale automobile engines, hybrid transmissions, high-grade glass for automobiles, trucks for trucks, and so on, all have their own core technologies.