Orthodontic teeth or Taiwan Fund to support the expansion of the transmission accessories market

In 2009, the Chinese auto market ushered in the “sales blowout” that has made many foreign auto markets admired. In 2010, the data showed that in January China’s auto market saw an explosive growth, and the auto production and sales reached a record high. The automotive transmission assembly industry is no exception. As the "China's No. 1 bus transmission brand" is limited by its capacity, it is often the case that the customer holds a coin to prompt the goods.

The good market prospect of Qijiang Gear Transmission Co., Ltd. not only obtained the cooperation opportunities with the top 500 German ZF companies, but also attracted the attention of venture capital funds. On the afternoon of February 25, 2010, Lin Yihong, the general manager of Taiwan Hualian Asia Investment Management Co., Ltd., led a delegation of Taiwanese fund delegations to Qianjiang Gear Transmission Co., Ltd. to conduct a project inspection in hopes of cooperating with Qiang Gear Company. To jointly seize good market opportunities.

With more than 80 years of development history, dental caries, as the leader in the domestic passenger car transmission industry, has a share of over 46% in the large and medium passenger car market and a higher share of 80% in the large luxury passenger car market. The company has always been market-oriented and will introduce advanced technology and independent innovation to create more than 10 companies including national intellectual property rights, national utility model patented products (parts) and the domestic first EPS series of light shifting systems. The technology, transmission products have the environmental protection and energy saving and ease of handling, leading the direction of the industry, in recent years has achieved significant market performance. However, due to limited funds and limited production capacity, the annual output has been around 70,000 units in recent years. If Minfang can cooperate with the venture capital fund and technical support from German ZF company, it will be able to The world's most advanced drive technology forest is a step closer to the company’s vision for the development of a century-old company.

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