Nanyang, Henan: Foundation of 660 million auto parts projects

Abstract Recently, Henan Nanyang Xiangdong Machinery Industry Co., Ltd. invested 660 million yuan in the front and rear axles and parts projects of the car. It is reported that the project is planned and designed by the Sixth Design and Research Institute of Machinery Industry. Its process equipment is mainly flexible machining center and CNC...
A few days ago, Henan Nanyang Xiangdong Machinery Industry Co., Ltd. invested a total of 660 million yuan in the front and rear axles and parts projects of the car "quietly" laid the foundation.

It is reported that the project is planned and designed by the Sixth Design and Research Institute of Machinery Industry. Its process equipment is mainly flexible machining center and CNC machine tool. It mainly produces front and rear axles of automobiles, and can also produce independent research and development products such as auto parts. After the completion of the project, the annual sales income will be 910 million yuan, the annual profit and tax will be 50 million yuan, and more than 1,000 new jobs will be created, and the Nanyang automobile industry chain will be further extended.

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