On August 17, Mr. Ahmad Fayash, Minister of State of Malaysia, and Mr. Wu Tianquan, President of Malaysia Elite Holdings Group, led a delegation to visit Ningbo Auto Parts Industry. Ningbo Auto Parts Leading Enterprise and Malaysia Tanjung Marin Automobile Industry Parts Integration City signed a strategic cooperation agreement.
Starting from 2017, under the active organization of Ningbo Auto Parts Association and Zhangzhou District Auto Parts International Chamber of Commerce, in accordance with the strategic plan of Ningbo City Government and Yinzhou District Government's 'going out, introducing', taking Malaysia as the “Belt and Road” ' The first stop, Ningbo auto parts companies are aimed at Malaysia, and have reached a cooperative relationship with local enterprises.
In May last year, Zhejiang Geely Holding Group and Malaysia DRB-HICOM Group signed an agreement to become a strategic partner. Geely Group will acquire a 49.9% stake in DRB's Proton and 51% of the luxury sports car brand Lotus.
In order to further strengthen cooperation, Ma Fang led the team to return to Ningbo, and inspected Ningbo Fusushi Auto Parts Co., Ltd. in Zhangzhou. Fusushi Company is a leading domestic automobile pipe fittings manufacturing enterprise, providing well-known automobile manufacturing enterprises in China and Europe and America. service.
According to reports, AUTO V is a subsidiary of Malaysia's leading company Elite. The company invested in the planning of this automotive integrated industrial center, mainly for supporting the Geely Group's automotive systems and components in Malaysia. The project covers an area of 40 hectares, of which Semi-independent factory covers an area of 20 hectares, 4 hectares of integrated storage center, 2 hectares of light industrial area and commercial office building, 2 hectares of business center, leisure, catering and hotel services, 4 hectares of integrated manufacturing plant and other public facilities, etc. Up to 10.8 billion yuan. This project will fully support Geely's strategic goal of producing 500,000 passenger cars per year by 2020.
On the same day, Ningbo Auto Parts Industry Association, Zhangzhou Auto Parts International Chamber of Commerce, Ningbo Fushi Auto Parts Co., Ltd. signed a contract with Ma.