The truck-building project invested by Hengtian Heavy Industries Co., Ltd. recently held a ground-breaking ceremony in Zhengzhou National Economic and Technological Development Zone. Local government officials from Henan Province and Zhengzhou City and heads of China Hengtian Group attended the groundbreaking ceremony.
Fill Zhengzhou heavy truck blank
The Zhengzhou cargo vehicle project is a strategic cooperation framework agreement between China Hengtian Group and the governments of Henan Province and Zhengzhou City, relying on Hengtian Heavy Industry's heavy truck project invested in Zhengzhou. In the first phase, it will invest 1.8 billion yuan and plan to enter the first camp of heavy trucks in China in 3 to 5 years. According to the plan, the project will be completed and put into production in 2011, and the production capacity will reach 10,000 by 2015.
Hengtian Heavy Industry Co., Ltd. was renamed from the original Zhengzhou Textile Machinery Co., Ltd. and on March 22 this year, it reached an agreement with Zhengzhou Hongda Automobile Industry Co., Ltd. to form a joint venture to establish Hengtian Heavy Industry Zhengzhou Hongda Automobile Industry Co., Ltd. The newly established joint venture company is the main body of the trucking project, and Hengtian Heavy Industry holds 60% equity.
Zhengzhou Hongda Automobile Industry Co., Ltd. is a private joint-stock enterprise, mainly engaged in car modification, with total assets of 71.12 million yuan. Hengtian Heavy Industry is a leading company in the textile industry under the China Hengtian Group and a key enterprise in equipment manufacturing in Henan Province. The heavy truck project invested and built has been listed as an important project to promote economic development in Zhengzhou.
According to the plan, Hengtian Heavy Industry's heavy-duty trucks project also includes the production of special vehicles, focusing on the development of cement mixer trucks, dump trucks, bulk materials vehicles and semi-trailer products. It plans to build a modern production line in the eastern part of Zhengzhou City.
Hope for Hengtian Heavy Industry
“In recent years, Henan Province has seized the opportunity of the rise of Central China and has attracted investment from many auto companies such as Nissan, Haima, and Chery. Zhengzhou City attaches great importance to the development of the auto industry and has given many preferential policies.†Executive of Henan Automobile Industry Association Vice Chairman Jiang Gongmin told the reporter that Henan Province had great hopes for Hengtian Heavy Industry’s investment in trucks, and Zhengzhou City also intends to develop the automobile industry as a pillar industry. At present, the development of the Henan automobile industry is very good, the production concentration is high, and the clustering effect is more and more obvious, which is conducive to the development of parts and components supporting enterprises in Henan Province.
According to Jiang Gongmin, the medium- and heavy-duty trucks produced in Henan are mainly refitted. The only product of the I-Tong Group that produces heavy-duty trucks is mostly special-purpose vehicles. The annual output is only four or five hundred, and it has long been low in the low position. “In the “Eleventh Five-Year Plan†of Henan Province, the contents related to the automobile industry are mostly parts and components industry, seldom involve vehicle projects, and the forthcoming “Twelfth Five-Year Plan†is expected to include more vehicle projects. Into the automotive industry sub-plan." Jiang Gongmin said.
The Henan automobile industry started late and has a weak foundation. The vehicle production ranks only 20th in the country. The overall competitiveness is not strong except for large and medium-sized buses. Around Hubei, Hubei, Anhui, and Shandong have formed a production pattern with support from large-scale advantageous enterprises and unique products. “Henan is a big agricultural province, and the automobile industry was not taken seriously in the 1990s. After entering the new century, Henan’s understanding of the automobile industry has gradually changed, especially after 2004, Yutong, Shaolin, Zhengzhou Nissan and Haima. Rapid growth has led to the development of the Henan automobile industry, Jiang Gongmin told reporters.
A person from Henan Province’s Ministry of Industry and Information Technology said that Henan’s development of the automobile industry has its own advantages. The first is the location advantage: Henan is located in the Central Plains, the transportation network is developed, and the logistics cost is relatively low. Second, local industry advantages: In large and medium-sized passenger vehicles, special vehicles, parts and components, etc., Henan has relatively strong competitive enterprises and products; Third, factor cost advantage: Henan has rich labor, energy and raw material resources, and relatively low production costs. . With these advantages, the automotive industry in Henan Province has developed rapidly in recent years, and its product R&D capabilities have been continuously improved.
Build a first-class automotive base
The reporter learned from the "Regulations for the Adjustment and Revitalization of the Automotive Industry in Henan Province" (abbreviated as "Planning") that by 2012, the total vehicle production capacity in Henan Province is expected to reach 1 million, including 120,000 trucks and 150,000 special vehicles. By 2020, it will build a domestic first-class automobile manufacturing base and a car service trade center. In accelerating the construction of the core area of ​​one million automobile bases in Zhengzhou, the "Plan" proposed that medium-heavy trucks will be regarded as an important breakthrough in the growth of industrial scale to build a production base for medium-heavy trucks in Zhengzhou and promote the cooperation with Weaponry Industry Group and Hengtian Group. Strategic cooperation, focusing on the development of efficient and energy-efficient trucks. By 2020, it will promote the production of pickup trucks, light trucks, and medium- and heavy-duty trucks to 360,000 vehicles, accelerate cooperation with domestic and foreign leading automakers, promote the strategic restructuring of Ito Group and heavy-duty auto makers at home and abroad, and support the reorganization of vulnerable automobile companies in Henan by domestic dominant companies. Establish a production base or branch factory in Henan.
Despite Henan's ambitious efforts to develop medium- and heavy-duty trucks, the strength of the automobile companies in the neighboring provinces should not be underestimated, such as Dongfeng Commercial Vehicles in Hubei, Shaanxi Auto in Shaanxi, Futian in Beijing, and Hualing and JAC in Anhui. widely accepted. Shanxi Changyuan Heavy Duty Truck, Shanxi Yuncheng Dayun Automobile and Anhui Jirui Heavy Industry Co., Ltd., newly joined in heavy truck ranks, are also bad. It is not easy for Henan heavy trucks to catch up with competitors.
“The heavy investment in high-capacity projects has a high return on investment. It is reasonable to see that social capital has entered the heavy-duty field. However, we must fully consider market risks and corporate strength to prevent overcapacity and waste of resources.â€
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