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On December 1, 2011, SAIC Iveco Hongyan Commercial Vehicle Co., Ltd. and Jingzhou Hengsheng Automotive Systems Co., Ltd. held a signing ceremony of the steering gear cooperation project, and signed a memorandum of intent for the establishment of Chongqing Henglong Hongyan Automobile Steering System Co., Ltd. 
According to reports, Chongqing Henglong Hongyan Automobile Steering System Co., Ltd. has a total investment of 120 million yuan and a registered capital of 60 million. It plans to establish an annual output of 200,000 sets of steering gear production bases in Chongqing Shuangqiao Economic Development Zone. After the establishment of the joint venture company, it will further enrich the product spectrum, improve product quality, enhance product development capabilities, and further develop the national market based on the support of Hongyan heavy trucks, striving to become the largest steering gear manufacturer in Southwest China.
In terms of channels, the network advantages accumulated by Jingzhou Hengsheng and SAIC Iveco Hongyan over the years have provided a good channel guarantee for the new joint venture company; in terms of technology, Jingzhou Hengsheng is the largest exporter of steering gear in Hubei Henglong with an annual output of 130,000 yuan. Taiwan, reliable quality, strong technical equipment, coupled with the original technical force of Chongqing Shuangqiao steering gear, forming a competitive advantage of enterprises. Through resource integration, the new company is fully capable of establishing an optimized production and marketing network, expanding market share, forming a strong brand influence in the market, and jointly achieving a win-win situation. 
At the signing ceremony, Hubei Henglong Enterprise Group stated that it is very optimistic about the future of the new joint venture company. The new joint venture company will become an important manufacturing base of Hubei Henglong Group in the southwest region. In addition to serving the SAIC Iveco Hongyan market, it will radiate the entire southwest region. The market strives to achieve the goal of producing 200,000 units of steering gear annually for three years.
Hubei Henglong Enterprise Group is an enterprise group established by Hong Kong Jinming Group Co., Ltd. as its main investment entity. It owns a U.S. listed company, three domestic and foreign investment companies, and seventeen holding member companies, and is involved in the three fields of traditional industries, IT industry and commerce. . The total investment is 1.8 billion yuan, and annual sales income exceeds 2.5 billion yuan.
China Automotive Systems Co., Ltd., a subsidiary of the Hang Lung Group, was listed in the United States in August 2004 (Nasdaq: CAAS) and is a leading supplier of power steering systems and component manufacturing in China. There are eight companies in total. Professional car steering system manufacturing company, is committed to develop and produce various models of truck, passenger car and commercial vehicle steering system components. Now it can produce four series, 307 types of power steering, electric and manual steering, steering Column, steering oil pump and steering oil pipe.
CNAC's full name, China Automotive Systems Corporation, was established on June 29, 1999 as a holding company. Apart from owning 100% equity of Hong Kong Jinming Group Co., Ltd., China Steam Systems has no other significant business and assets. Jinming Group mainly engages in the manufacture and sale of automotive systems and parts through nine Sino-foreign joint ventures in China, including Jingzhou Henglong Auto Parts Manufacturing Co., Ltd., Shashi Jiulong Automobile Power Steering Gear Co., Ltd., and Shenyang Jinbei Henglong Automobile Steering. System Co., Ltd., Zhejiang Henglong Wanan Pump Co., Ltd., Hubei Yuying Sensing Technology Co., Ltd., Wuhan Jielong Automobile Electric Steering System Co., Ltd., Wuhu Henglong Automobile Steering System Co., Ltd., Jingzhou Hengsheng Automobile System Co., Ltd. and Beiqi Hai Nachuan Hang Lung Automotive Systems Co., Ltd.
In addition, China Steam Systems also wholly owns a subsidiary in the United States, Hang Lung America, which mainly sells automotive parts and provides after-sales service and R&D support in North America. China Steam Systems and BISHOP Steering Technology Co., Ltd. signed a 10-year agreement for the transfer of patent rights, which is responsible for providing advanced technology for steering valves during the term of the agreement. Jinming Group signed a technology transfer agreement with steering column maker Nanyang Industrial Co., Ltd., which possesses the technology required for electric steering systems. In addition, Jinming Group also cooperated with Tsinghua University to establish a steering system research institute to design and develop electric steering systems and electrohydraulic power steering systems.
Quick Details
SAIC Iveco Hongyan Commercial Vehicle and Hubei Jingzhou Hengsheng to Jointly Produce Steering Gear
Use:
Gitar / Bass
Material:
EVA foam
Place of Origin:
Guangdong, China
Brand Name:
EVA case
Model Number:
EVA guitar case
Color:
Any Color in Pantone
Logo:
Embossed, Silkscreen, Metal tablet, Rubber, Embrodery, Moulding
Dimension:
Custom size
Outer facbric:
PU leather, Spandex, Oxford(1680D,800D,600D)
Lining:
Velvet or Spandex
Case Type:
EVA Hard Case
Advantages:
Waterproof, Lightweight, Quake proof, Durable
Usage:
Musical Instrument, such as violin, UKulele, guitar
Middle Material:
EVA Foam
Function:
EVA guitar Case is welcomed
Supply Ability
Supply Ability1000000 Piece/Pieces per Month