Dongfeng Auto Parts Investment 1.05 billion yuan to build industrial park

On August 6, 2011, Dongfeng Auto Parts Group Co., Ltd. signed an agreement with Caidian District Government of Wuhan City. The company invested 1.05 billion yuan to build Wuhan Industrial Park in Caidian District.

Dongfeng Auto Parts Group Co., Ltd. plans to build industrial parks in Shiyan, Xiangyang and Wuhan in Hubei Province, striving to exceed 13 billion yuan in revenue in 2015. According to reports, Wuhan Industrial Park will focus on the development of passenger car parts, automotive electronics business and new energy auto parts. It is expected that it will be put into production after two years, with an annual sales income of up to 2 billion yuan.