Hafeichang River Towards Consolidation New CNAC Establishes Automotive Division

On June 26, 2008, Tan Ruisong, deputy leader of the Preparatory Group of China National Aviation Industry Corporation and deputy secretary of the Party Group and deputy general manager of the Second Aeronautical Industry Corporation of China, formally announced to the outside world that the forthcoming China Aviation Industry Corporation will serve as China. Large manufacturing groups, determination and confidence to develop the automotive industry will not change! We will plan the aviation and automobile major industries simultaneously. We will lean towards the auto industry in terms of policies, funds, etc., and at the same time, we will innovate the system and mechanism. We will give the group full impetus to develop the auto industry and make the Chinese aviation auto industry stronger and bigger. The automotive industry occupies an important position!

Tan Ruisong’s deputy general manager made this remark when he attended the signing ceremony for the technical cooperation between Dongan Automobile Engine Manufacturing Co., Ltd. and Japan’s Mitsubishi Motors AT’s project. Mr. Tan said that this is the representative of China Aviation Industry Corporation, which was entrusted by Lin Zuoming, the preparatory group of China Aviation Industry Corporation, to attend the signing ceremony and officially conveyed the above information to the industry.

Tencent learned that the new CNAC will establish an automotive division to integrate the Hafeichang River. Under the background of the stalemate between Dongfeng and Hafei negotiations, it seems that the new CNAC is preparing to develop its own automotive business.

The aviation industry has developed automobile for nearly 30 years. Hafei Automobile and Changhe Automobile were the first to engage in automobile production in the aviation industry. In the past, they seized the opportunities for development of mini-vehicles and achieved rapid development. They once occupied half of micro-vehicles and became well-known automobile enterprises in China. Although in recent years, due to various reasons, development has been at awkward stage and there is a big gap with national growth, aviation industry and automotive industry are similar in technology and technology, and the foundation and background for the development of automobiles are very strong. The industrial structure is complete and the product structure is rich. , Independent development, equipment manufacturing, talent team, quality and other aspects have unique advantages. There is reason to believe that with the support of policy funds from the newly formed group companies, with the introduction of new mechanisms and new systems, aviation vehicles will surely give full play to their advantages, overcome difficulties, and reproduce brilliant achievements!

The AT project is the largest cooperation project between China Aviation Industry Corporation and Japan’s Mitsubishi Motors Corporation so far. Dongan Automobile Engine Manufacturing Co., Ltd. introduces Mitsubishi 4AT/5AT technology, invests RMB 2 billion in the development and production of AT automatic transmissions, with an annual output of 150,000 sets. After the completion of the second phase, it will have an annual capacity of 300,000 sets. After 2010, it will be completed and put into production. Domestic self-owned brand cars and Mitsubishi series models will enhance the competitiveness of China's own-brand cars and bring more and better choices to Chinese auto consumers. The project has been highly valued by the senior officials of Heilongjiang Province, Harbin City and all parties concerned. Heilongjiang Provincial Governor Li Zhanshu and Harbin Municipal Party Committee Secretary Du Yuxin attended the signing ceremony. The president of Mitsubishi Motors Co., Ltd. Masaru Yaizumi made a special trip from Japan to Harbin to attend the signing ceremony.


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