In March 26th, the piston giant American mogul and Dongfeng Automobile parts (Group) Co. Ltd. signed in Dongfeng Shiyan base, the newly established joint venture company Dongfeng huimen plans to invest 400 million yuan, settled in Dongfeng Parts Group Industrial Park, Zhangwan District of Shiyan city.
It is understood that the new joint venture Dongfeng huaiming is mainly designed and manufactured high performance piston products for automobile engines, which helps to improve the thermal efficiency and reduce carbon emissions of traditional energy engines, so as to meet the continuously strengthened environmental regulations in China. The sales revenue is planned tobe 380 million yuan in 2022, and some products are exported to North America.
Headquartered in Michigan, the company is the world's leading vehicle and industrial equipment manufacturers and service providers, is currently in Shanghai, Nanchang, Qingdao and other places have 12 wholly owned and joint venture factory, automobile engine bearing, brake pad, lamp, piston and other products are mainly the production of the world's leading.