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Auto parts industry overseas bargain-hunting real start

Date: 2017-03-17
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Auto parts industry overseas bargain-hunting real start

Auto parts industry overseas bargain-hunting real start


       It seems that Beijing is a real thing.
       For the Beijing auto industry, in order to really catch up with Shanghai, Guangzhou, such competitors, have to proceed from the most basic parts industry.
       Jingxi Heavy Industry is a joint venture company established by Beijing to promote the acquisition project. The company will establish high-end auto parts industry base in Dou Dianzhen.
      The three shareholders of the Company are Beijing Fangshan State-owned Assets Management Co., Ltd., Shougang Corporation and Baoan Investment Development Co., Ltd. respectively. Among them, Shougang Corporation invested 408 million yuan, accounting for 51% stake, the latter two were funded 200 million yuan and 192 million yuan, accounting for 25% and 24% respectively. Baoan Investment Development Co., Ltd. under the Tianbao Group.
       Once the acquisition is successful, the Beijing municipal government will contribute to the financial crisis since the Chinese auto parts enterprises to participate in the largest case of international mergers and acquisitions.
       The industry believes that the Beijing flower generous start of the acquisition is the Beijing auto industry for so many years the foundation is relatively weak. "Unlike Shanghai and Guangzhou, with the Shanghai Volkswagen and Guangzhou Honda, Guangzhou Toyota settled, the local have formed their own parts supply system. Beijing area of the vehicle companies include Beijing Benz, Beijing Hyundai and Beiqi Fukuda, The first two joint ventures are mainly supplied by foreign suppliers, and the core of Beiqi Futian is not in Beijing, and the Beijing auto industry has no strength in the parts supply system.
       On the other hand, under the impact of the economic crisis, the United States and the world's many auto parts manufacturers also "gates fire", to the Chinese auto industry a go out "bargain-hunting" opportunity, "bargain will be more and more Many. "A component supplier thinks.
       It can be said that the financial crisis to the Beijing auto industry to catch up with an opportunity.
       Prior to this, Geely Automobile has won the world's second largest transmission company DSI, with Weichai power and a French parts and components of the contact, which can be regarded as the Chinese auto companies in the financial tsunami, the Chinese auto parts industry The overseas acquisition enters the sign of the substantive start-up phase.

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