Following Shanghai, Luoyang, Chongqing, and Ningde, the groundbreaking ceremony for Kaizhong Auto Parts (Jiangsu) Co., Ltd. was held at the Suxitong Technology Industrial Park yesterday morning (November 24, 2020).

The Kaizhong Auto Parts (Jiangsu) Co., Ltd., which has commenced operations in Nantong, was established on March 8, 2019, with a registered capital of 200 million yuan. It is a joint venture between Shanghai Kaizhong Material Technology Co., Ltd. and Carthane USA, L.L.C. Its main business includes the research, development, production, and sales of automotive parts, load wheels, polymer materials, and related products. The project boasts an investment of 589.232 million yuan, spans an area of 77.66 acres, and has a construction area of 39,367 square meters.

Hou Zhenkun, Director and General Manager of Shanghai Kaizhong Material Technology Co., Ltd., explained that the construction project in Nantong is highly compatible with the company's industrial layout. Additionally, the service policies of the Su-Xi-Tong Industrial Park are also a reason for attracting enterprises to Nantong, enabling the project to be launched and commence within a year. It is expected that the project will be put into production in early 2022. It is hoped that the Nantong company can be regarded as a benchmark enterprise, adjusting around the direction of Industry 4.0 and the industrial policies and development direction of the Su-Xi-Tong Industrial Park. In the future, 80% of Shanghai's scale will be transferred to the branch company in the Su-Xi-Tong Industrial Park, with promising growth prospects.

Huang Xiaofeng, member of the Party Working Committee and deputy director of the Management Committee of the Suzhou-Wuxi-Changzhou Industrial Park



With the official unveiling of the Su-Xi-Tong Technology Industrial Park yesterday, the development of the Su-Xi-Tong Park has also ushered in new opportunities. Huang Xiaofeng, member of the Party Working Committee and deputy director of the Management Committee of the park, said that Kaizhong Auto Parts is highly compatible with the industrial and technological development connotation of the park, accelerating the process of the park's billion-yuan intelligent manufacturing sector, and will contribute an indispensable force to the economic and social development of the park. The park will provide more enthusiastic, precise, and efficient services to help enterprises solve practical problems in project construction and production and operation processes, and ensure the early completion, early production, and early profitability of enterprises.