On September 16, Datong City Equipment Manufacturing Industrial Park ushered in the first state-owned large-scale enterprise in the park, China National Heavy Duty Truck Group, Big Tooth Company. Du Yulin, member of the Standing Committee of the Provincial Party Committee, Secretary of the Political and Legal Affairs Committee, and Director of the Provincial Public Security Department, Ma Chunji, Chairman of the Board of Directors of China National Heavy Duty Truck Group, attended the foundation laying ceremony. In addition, Datong City Government and China National Heavy Duty Truck Group Corporation also held a signing ceremony for the overall relocation and upgrading project of Datong Gear.
China National Heavy Duty Truck Group Co., Ltd. Datong Gear Co., Ltd. is a professional commercial vehicle gearbox, engine gear R & D and production enterprises, leading products in the heavy-duty automotive gearbox and automotive engine gears are the landmark brand products in Shanxi Province. The company formerly known as Shanxi Datong Gear Group Co., Ltd., joined CNHTC Group on November 18 last year and became a wholly-owned subsidiary of the group. China National Heavy Duty Truck Group has provided the biggest support for Big Gear Company from the aspects of capital, market and technology. It has expanded the industrial chain of Big Gear Company through various channels, and also invested heavily in the implementation of the overall relocation and upgrading project of Big Tooth Company. The company will become bigger and stronger as soon as possible to lay a good foundation.
The overall scale of the new relocation and upgrading project will increase by a total investment of RMB 1,154.7 million; the first phase of construction will be completed by next year, forming a transmission capacity of 110,000 units; by 2012, it will achieve an annual output of 220,000 transmissions and 100,000 pairs of production bridges. The total production capacity of 2 million pieces of gears for engine gears and construction machinery is expected to reach an annual operating income of 3 billion yuan, a total profit of 250 million yuan and a tax of 200 million yuan.
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