Date: 2013-07-31

CNAIC Chengdu Auto Parts Co.,Ltd. Becomes a Giant in Automotive Camshaft Industry

On December 4th, 2011, China Association of Automobile Manufacturers issued the added "National Leading Auto Parts Enterprises" lists during the 2011 China auto parts industry annual conference. CNAIC Chengdu Auto Parts Co.,Ltd., the wholly owned subsidiary of Sichuan Hejia Sichuan Hejia Co.,Ltd., was among the list. Relying on the largest production base of various types of automotive engine camshaft camshaft and the world's leading non-mandrel process technology, it becomes the leading enterprise in Chinese auto camshaft industry.

It is reported that the company has aimed at the new energy automobile market with plans to invest RMB 100 million in technical transformation in the next five years, to achieve production capacity of 4 million pieces, sales value of RMB 500 million, and tax income of RMB 60 million.

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