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【Fushan News】 Yihe Automobile: Layout the New Energy Automobile Industry to achieve leapfrog development

Yantai Yihe Automobile Technology Co., Ltd. is a manufacturing enterprise in our region that integrates body body trial production, automobile mold design and manufacturing, and body parts manufacturing and supply.In recent years, the company has actively increased its investment in research and development of supporting parts for new energy vehicles, and strives to achieve leapfrog development of the company.

Forge ahead on a new journey and build a new era of merit

Yihe: Layout the New Energy vehicle Industry to achieve leapfrog development

The new website of Yantai Yihe Automobile Science and Technology Co., Ltd. is online

Yantai Yihe Automobile Science and Technology Co., Ltd., founded in Sept. 2012 with a registered capital of RMB 68 million, is mainly engaged in design, R&D, manufacture and sales of car body, design, manufacture and sales of auto moulds, gauge, fixture, auto parts and mechanical parts. It is located in Fudong Industrial Park, Fushan District, Yantai—a coastal city, enjoying beautiful scenery and pleasant climate. Our company covers an area of 78,681 square meters (about 118mu) and gross building area of 52,541 square meters, with a total investment of RMB 376 million.

The company had a friendly docking with the corporate delegation of Mississauga, USA on July 31, 2017.

On July 31, 2017, General Manager Xu Chengyong of the company and his party were invited by the Economic and Trade Commission to participate in the meeting of the Mississauga Business Delegation to China hosted by the Sino-US Economic and Trade Cooperation Agency.In a friendly atmosphere of negotiation, Mr. Xu mainly combined with our company's strategic approach, the current development prospects of the automotive mold industry and the company's development intentions, and conducted docking with three companies from Mississauga.The three docking companies are OPS Solutions Technology Co., Ltd., Tranor Industrial Co., Ltd., and Atco Industrial Co., Ltd.  Among them, Mr. Wu, the Chinese representative of OPS Solutions Technology Co., Ltd., and RAY, the representative of Tranor Industrial Co., Ltd., both expressed a strong interest in the scale and advanced technology of our company, and expressed their willingness to further communicate with our company in detail on the spot. The participation in this meeting is not only the recognition of our company by the Economic and Trade Commission, but also a kind of external publicity of the same industry. Through the communication of the meeting, corporate delegations from foreign countries have a better understanding of our mold industry, which has achieved the purpose of this meeting of Mr. Xu of our company and gained more business opportunities.

Dream of setting sail and creating brilliance together

On August 28, 2017, the day when the drizzle runs everything, we ushered in the day when Changchun Yihe Automobile Technology Co., Ltd. was established to celebrate the company. For this reason, the company held a celebration dinner in the factory. Everyone gathered together. General Manager Xu Chengyong of the company is very happy to tell you: This year the company's situation is gratifying. In response to the company's development trend, it is planned to invest RMB 100 million to set up a subsidiary in Changchun, mainly engaged in the design, manufacture and sales of automotive molds, gages, fixtures, auto parts and accessories, mechanical parts and accessories.In addition, the company will add offices in Shanghai and other places to better promote market share and expand the company's development. The company's investment in the establishment of Changchun Yihe Automobile Technology Co., Ltd. is an important measure to implement the development strategy.In line with the company's strategic plan to “increase market development” and continue to expand high-quality customers in the industry, while tapping potential domestic demand, increasing market share, and increasing the company's market share in the entire automotive mold industry, it has positive significance and promotion for the company's future development. After the establishment of this subsidiary, it will help the company improve its product structure, further enhance the company's core competitiveness and profitability, and achieve the company's sustainable and stable development. During the celebration dinner, the leaders of all levels of the company also spoke one after another, hoping that everyone can do their best to work with the company to seek higher development from the perspective of the company.Everyone has also expressed that they are full of confidence and expectations for the future of the company!At five o'clock in the afternoon, the celebration dinner ended successfully in a warm atmosphere, which also heralded the opening of a new chapter in our company!