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Zhuzhou Xiang Torch Machinery Manufacturing Co., Ltd., a wholly-owned subsidiary of Weichai Power Co., Ltd., laid the foundation on September 23 at the new factory in Dongjia?F Gaoke Park, Lusheng District, Zhuzhou City, Hunan Province.
Zhuzhou Xiang Torch Machinery Manufacturing Co., Ltd. (original name: Zhuzhou Internal Combustion Engine Fittings Factory), was established in 1958 and was acquired by Hunan Torch Group Corporation in 1997. In 2007, it became a wholly-owned subsidiary of Weichai Power Co., Ltd., mainly engaged in Piston pins, automotive shock absorbers, two-shaft and other internal combustion engine parts R & D, production and sales. Zhuzhou Xiang Torch Machinery Manufacturing Co., Ltd. was originally located at Jingoushan Road, Hetang District, and its leading product has annual sales of 10 million piston pins. Its production and sales ranks first in the domestic industry, and is given to Weichai, Yuchai, Xichai, Dachai, and Chaochai. More than 30 well-known domestic engine factory support, products in short supply. In order to solve the company's poor logistics in the original factory area and the inability of production capacity to meet market demand, the company further expanded and strengthened the company. Weichai Power Corporation decided to relocate the company to a logistics and development environment with a good Dong Jia?F Gaoke Park. Build a brand new modern factory area, and at the same time add 10 million new passenger vehicle sales technology upgrades.
The total investment in the technical relocation of the relocation and passenger car sales in the same place is 150 million yuan. It is expected that the new factory will be completed in the third quarter of 2010, and the project will be completed in 2011. By then, the company's piston sales capacity will double, the annual output will reach 20 million, and the sales income will be 200 million yuan, and the profit and tax will be 37 million yuan.
Zhuzhou Hunan Torch Manufacturing Co., Ltd. is the first auto parts company introduced by Dongjia F High Tech Park in Lusheng District. Zhu Fengxiang, Standing Committee of Zhuzhou Municipal Committee, Gong Fengxiang, Deputy Mayor of Zhuzhou City, Li Zhi, Secretary of Lusong District Party Committee, Wang Fangming, Director of District People's Congress, Chen Youyuan, Chairman of District People's Political Consultative Conference, Deputy District Governor of District People's Government, and Tan Runhong, Director of Dongjia?F Gaokeyuan Management Committee, and Mr. Wang Xinlu, President Assistant of Weichai Power Co., Ltd., and Li Huihai, General Manager of Hunan Torch Co., Ltd. attended the foundation laying ceremony.
Wang Xinlu said that the group company will fully support the construction of technical reform projects, so that the 51-year-old old brand glow with more brilliant brilliance, into the forefront of the world. Tan Runhong said in his speech that the foundation of the new factory building of Zhuzhou Hunan Torch Machinery Manufacturing Co., Ltd. marks that the Hunan Torch has entered a new stage of development. Its establishment will play a very important role in promoting the new industrialization of the Lusong region and stimulating regional economic development. The Lusong District Party Committee, District Government and Dongjia?F High Tech Park will further optimize the development environment, strengthen coordination services, and fully support the construction of the new Torch Project, and support Hunan Torch to create a new highland for machine manufacturing. At the end of the ceremony, all the guests present at the ceremony laid the foundation stone for the new plant of Zhuzhou Hunan Torch Machinery Manufacturing Co., Ltd.
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