Wuxi Weifu Industrial Park laid a foundation and the scale is expected to exceed 10 billion by the end of 2014

On March 30, 2011, a foundation laying ceremony was held in Weifu Industrial Park, which was located in Wuxi High-tech Development Zone. According to reports, the project was organized by Wuxi Weifu High-tech Group Co., Ltd., and it completed the planning and preparation for the first phase of construction in 2010 and started construction in 2011. After the implementation of the project, it is expected to form an industry scale of over 10 billion yuan by the end of 2014. In the new district, a technological innovation and production and research center will be formed that integrates national-level technology centers, engineering centers, academician workstations, post-doctoral research stations, and world-class basic testing centers. platform.

It is understood that Weifu Industrial Park will focus on the energy-saving and emission-reduction industry, aiming to establish the company as a domestic leader in the core components of automobiles (power engineering), further rationalize the industrial structure, and bring into play the advantages of resource agglomeration to complete Weifu's core business. Basement layout in the new district. After the implementation of the Weifu Industrial Park project, it is expected to form an industry scale of over 10 billion yuan by the end of 2014. In the new district, it will form a technological innovation integrating national-level technology centers, engineering centers, academician workstations, post-doctoral scientific research stations and world-class basic testing centers. With the research, production, and research platform, a talented highland marked by world-class leading talents and domestic first-rate core and key talent teams is formed; an environmental protection and energy-saving auto parts base with fuel system, air intake system and post-treatment system as pillars is formed; , Cummins and other multinational companies supporting the localization of the base.

According to reports, during the 12th Five-Year Plan period, with the implementation of the National Automobile Industry Revitalization Plan and the upgrading of the national energy-saving and emission-reduction policies, China’s auto industry will maintain a strong growth momentum, and will certainly be brought to the Weifu Group as an auto parts company. Major market opportunities. In terms of industrial development, Weifu Group has established a development strategy of “building a domestic leader in the core components of China’s automotive (power engineering)”, unwaveringly accelerating the pace of scientific research and innovation, increasing research investment, and carefully building intake systems and fuel injection. The system and exhaust gas aftertreatment system are three major business segments. It is planned to invest in the construction of a new energy vehicle control system R&D and application platform and industrialization base in the New District, an automobile fuel system supporting R&D and industrialization base, an automotive exhaust gas aftertreatment system product industrialization project, and a car. Four major projects, including the air intake system product scale project, have enabled Weifu to transform itself from parts suppliers to system integration suppliers and become a domestic leader in automotive (power engineering) core components.

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