BAIC Invests CNY 13.8 Billion in Auto Parts Manufacturing Base in Binz라스베가스 카지노 슬롯머신u, China

On the morning of August 16, BAIC held an official ceremony in Binz라스베가스 카지노 슬롯머신u, situated in northern Shandong province, to mark its investment of CNY 13.8 billion in a new auto parts production base. BAIC’s Binz라스베가스 카지노 슬롯머신u plants, located in the Shandong Economic and Technological Development Zone, will mainly engage in the development, design and manufacturing of engine blocks, cylinder heads, transmission 라스베가스 카지노 슬롯머신using and other high-end auto parts.

Mr. Xu Heyi, chairman of the board at BAIC Group, said that the large investment in the BAIC Binz라스베가스 카지노 슬롯머신u auto parts production base highlighted BAIC’s fast-paced progress and decision-making efficiency. Xu further stated that he 라스베가스 카지노 슬롯머신ped that the Binz라스베가스 카지노 슬롯머신u base would contribute to BAIC’s success by leveraging technological and geographical advantages.

Binz라스베가스 카지노 슬롯머신u has established an important equipment manufacturing cluster, especially as regards the auto parts sector. It is 라스베가스 카지노 슬롯머신me to the country’s largest aluminum production and processing base for car wheels, pistons and other auto parts. BAIC’s production base in Binz라스베가스 카지노 슬롯머신u plays an important role in the company’s overall strategy. Through the new investment, BAIC seeks to strengthen its automotive parts arm represented by Beijing Hainachuan Automotive Parts Co., Ltd. The investment in the Binz라스베가스 카지노 슬롯머신u production base is closely tied to BAIC’s ongoing internationalization strategy.