Commencement Ceremony of China International Auto Aftermarket Industrial Park Opened

      At 10:28 on May 18, 2010, accompanied by bursts of drums and the joyous sound of firecrackers, the China International Auto Aftermarket Industrial Park  celebration was held in Jiangsu Funing Economic Development Zone. Tian Guohua, Vice President of China Auto Guarantee Equipment Industry Association, Wang Fengling, Vice secretary of China Auto Repair Industry Association, Secretary of Funing Committee and director of Funing People's Congress Standing Committee Wang Jinsheng, Chairman of Zonda Group Xu Lianguo, President of Zonda Group Xu Liankuan and Vice President Xu Shi, and leaders from Committee of Funing County, Government of Funing County, People's Congress of Funing County, Political Consultative Conference of Funing County, State Bank Financial Leasing, Nanjing Zhongbei (Group), Nanjing Yagao company, Shenzhen Enfang Investments, the United Guangtong Investment Guarantee Beijing company, Vehicle Maintenance and Repair Magazine, South Korea WINDBELL company, South Korea HESIBON HITECH company and other units attended the ceremony.

      President Xu Liankuan gave the opening statement that in recent years, China auto aftermarket is developing fast with the rapid development of the auto ownership. However, the development of auto aftermarket is unbalance and is far from the 40% of auto industry in foreign countries, especially in the aspects of auto matching service, auto culture information, auto financing and training, etc. So, there’s a large space for the development of China auto aftermarket. Under this situation, China International Auto Aftermarket Industry Park has been opened in Yancheng City.

      Tian Guohua gave his high prize to the opening of China International Auto Aftermarket Industry Park and showed great hope to the prospect. He stated that China International Auto Aftermarket Industry Park is a large scale item of China auto aftermarket, is a source integration of the government and companies, is the achievement of the combination of national industry and regional economic development. The industrial park will surely stimulate the development of auto maintenance industry and improve the overall strength of maintenance industry. Relying on the effect of the industrial park, many medium and small high-technology and perfect-service companies will emerge, and that the industrial park will promote the development of the regional economic and human resources.

      The project of China International Auto Aftermarket Industry Park is financed by Funing County Government, Zonda Group and China International Auto Aftermarket Industry Park. The project integrates professional manufacture, distribution logistics and integrated services. The planning area reaches 3,000 acres, the total investment reaches RMB10 billion and the projected industry will cover nine series of the auto aftermarket and form the most perfect industry chain. The Projects adhere to the "one-time planning, developing step by step" principles, the total construction period will be 3 years, and it will be divided into three phases. The investment in the first phase will be RMB1.5 billion, planning area will be 600 acres, and an annual output of 5,000 sets of auto painting rooms, 20,000 frame correction apparatus, 50,000 units of lifter, 5,000 automatic washing machine, testing products, wheel alignment, balancing machines, changer, and 200 thousand square meters for 20 million sets of the production plant. The project will take shape by 2012, when projects are all completed, the annual sales will reach to RMB35 billion, annual profits reach more than RMB8.0 billion, and create 50,000 new jobs.