Anqing Huanxin Group Co., Ltd. is a leading company in the production of internal-combustion engine and automotive engine parts. In recent years, the company has made significant efforts to develop energy-saving emission reduction products. In the first half of 2010, sales revenue was 1.39 billion yuan, and profits and taxes were 365 million yuan. The annual sales revenue is expected to reach 2.7 billion yuan, profits and taxes of 600 million yuan, which is an increase of 50% over 2009.
Internal combustion engines and automobile engines are key products for energy conservation and emission reduction. The impact of its energy-saving emission reduction is again the piston, piston rings, intake and exhaust valves and other key components. During the "10th Five-Year Plan" period, the company actively introduced advanced foreign technology and equipment: from the United States to introduce steel band ring technology, introduce advanced equipment from Germany, and jointly manufacture pistons, cylinder liners, and intake and exhaust valves with Japanese-related companies, using advanced technologies such as Powder metallurgy produces piston pins and other parts. Produce products that can meet the needs of the whole machine and the entire vehicle. It is widely supported by internal combustion engine companies and automobile manufacturers. It also has advanced manufacturing technology, no pollution, and meets environmental protection requirements. It is supported by local governments and environmental protection agencies, making production The scale continues to expand.
The substantial growth of energy-saving and emission-reducing products and advanced technology are inseparable. With the continuous enhancement of social and economic benefits, the confidence of the leadership of Huanxin Group has been further strengthened and the pace of continuous development has been accelerated. Since 2009, the company has made several new projects. Such as the establishment of Anqing Huafeng Co., Ltd. with one of the world's top 500 Japanese Toyota Tsusho Corporation; piston ring, piston, cylinder liner, dust metallurgical second-phase expansion project completed on schedule; piston company's piston pin production line, cylinder company's aluminum Including cylinder liner production line successfully put into production. The completion and production of these new projects will not only extend the product line of Huanxin Group, but also further expand the company's production capacity and production scale. In 2010, Huanxin Group added another 200 million yuan in fixed-asset investment, expanded its factory buildings and added equipment. These projects are being completed one after another and will become the new growth pole of the group company.
At present, Huanxin Group is planning to build an engine spare parts industrial park. Based on the existing parts and components, it will focus on the development of powertrain and gas distribution system components, and will become the engine's two major system supporting suppliers. We will strive to achieve the grand goal of becoming the world's first piston ring and cylinder liner production base within a short period of time. At present, Huanxin Group, while grasping the work for the second month of 2010, hastened to plan the development of 2011 and strived to reach a new height in the opening year of the “12th Five-Year Planâ€.
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