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Guangdong Fuhua Group Co., Ltd., the largest manufacturer of commercial trailer axles and special parts in Asia, has invested a further RMB 300 million in Jinmen Environmental Protection Co., Ltd. in Xinhui District, Jiangmen City, after successively making huge investments in Taishan City and Xinhui District in Jiangmen City, Guangdong Province. The industrial park is again on a car component manufacturing project. Guangdong Fuhua Company invested more than 5 billion yuan in three projects invested in Jiangmen, and the total output value of the project will exceed 10 billion yuan.
Guangdong Fuhua mainly produces special parts for commercial trailers, including axles, suspensions, traction seats (saddle seats), traction pins, support devices (legs), and other parts. The domestic market share of products reaches 80%, and exports to More than 70 countries and regions. It is understood that the company will also expand its production of drive axles, large buses and European standard axle production projects for heavy vehicles by increasing production and expanding production and introducing supporting enterprises.
As early as 2007, the company invested 4.5 billion yuan to build a new 1,500-mu base in Shuibu Town, Taishan. At this base in Taishan, the company has formed a joint venture with WABCO, a global commercial vehicle supplier, to manufacture low-mass, high-efficiency gas brake disc brakes with high-efficiency, single-push technology, with a design capacity of 250,000. Root axle air brake disc brakes.
In August last year, Fuhua received 90% of the shares of Guangjin Casting & Forging Co., Ltd. in Shadui Town, Xinhui District, Jiangmen City, and the two parties cooperated in developing auto parts projects.