SAIC, Baosteel Group and Donghua Company have recently signed a mold project cooperation agreement in Nanjing to increase capital and reorganize Nanjing Nanchang Mould Equipment Co., Ltd. According to the agreement, after the reorganization, SAIC and Baosteel will each take up 35% of the equity in the joint venture, and Donghua will account for 30% of the equity.
Since SAIC and Yuejin signed a comprehensive cooperation agreement in December last year, SAIC has actively promoted full integration and integrated management with Nanjing Auto in all aspects of vehicle, parts and service trade, etc. This mold cooperation project has achieved in this respect. A progress.
At the same time, SAIC and Baosteel have tried to implement cross-regional and industrial joint development, which is also a strategic measure to further implement and implement the national industrial development policy and promote the joint development of cross-regional and cross-industry economies in the Yangtze River Delta region. The significance is profound.
According to reports, Nanjing Nanhua Mould Equipment Co., Ltd. is the main part of Donghua company's mold processing company. In recent years, the company is doing a good job in hosting companies and domestic business, and attaches great importance to the development of foreign markets, its mold processing business has now Successfully expanded to the United Kingdom, Iran and other countries. After joining Baosteel, the company will build a new base in Pukou, Nanjing, and give full play to its competitive advantages in steel technology and cost. While relying on the advantages of the original mold processing, it will focus on the development of production of stamped parts and strive to expand new living space.
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