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Aisin Group’s Project of Annually produced 400,000 Automatic Transmissions was signed to Settle in Fengrun 2018-05-14

On the afternoon of May 10, the signing activity of Aisin Group’s Project of Annually Produced 400,000 Automatic Transmissions was held in Tangshan City. The following people attended the activity, including Wang Hao, member of the standing committee of Hebei Provincial Party Committee and secretary of Tangshan Municipal Party Committee; Ding Xiufeng, deputy secretary of Tangshan Municipal Party Committee and mayor of Tangshan Municipal Committee of the CPC; Junichiro Shinoda, chairman of Japan Aisin Seiki Co., Ltd.; Fu Zhenbo, member of the standing committee of Tangshan Municipal Party Committee and general secretary; Cao Quanmin, vice mayor; and Zhang Wenming, general secretary of Tangshan Municipal Government.

Before the signing of the contract, Wang Hao, Ding Xiufeng and others met with the responsible representatives of Junichiro Shinoda and others of the Japanese side.

In his speech, Ding Xiufeng pointed out that Aisin was an old friend of Tangshan. This time, Aisin Group’s Project of Annually Produced 400,000 Automatic Transmissions settled in Tangshan, which not only fully embodied the further and strategic vision of Aisin’s senior management team but also marked the friendship cooperation between these two sides reached a new level and would surely inject new and powerful momentum for Tangshan’s industrial transformation and continued development of Aisin. Tangshan City would do its utmost to build the "Four Best" business environment with the fewest examination and approval matters, the lowest charging standards, the quickest working efficiency, and the best service level. It would be a support for Aisin Group to safely invest in Tangshan. Fengrun District would provide all-round and accurate services to promote the project to start construction and put into production. He hoped that Aisin Seiki Group and Tangshan would further strengthen exchanges and deepen friendship, develop pragmatic cooperation in more areas, and work together to create a better tomorrow.

Tangshan Aisin Gear Co., Ltd., located in Fengrun District, mainly produces automobile manual transmissions and mechanical automatic transmissions. The Project of Annually Produced 400,000 Automatic Transmissions has a total investment of 1.1 billion yuan, and it plans to be put into production in August 2019. This project will not only further enhance the overall strength of the comprehensive product market competition, but also will accelerate the high-end equipment manufacturing industry in Fengrun District and promote the transformation and upgrading and high-quality development of Fengrun District and even the whole city of Tangshan.

The main responsible representatives from relevant departments of Fengrun District and Tangshan City participated in the related activities.