Yancheng Economic and Technological Development Zone New Energy Automobile Industry Park is the main front and battlefield for cultivating and developing new energy automobile industry in this area. Since the beginning of this year, the park has firmly adhered to the main path of 'strong industrial area, project is king', focused on the main business of new energy vehicles, solidly promoted investment attraction, project construction and enterprise service, and strived to build an influential automobile brand park.

The No.3 factory of yueda Kia Automobile Co., Ltd. in Jiangsu Province is the leading enterprise of Yancheng automobile industry, which has made important contributions to the development of local automobile industry. This year, taking the opportunity of the establishment of a new joint venture company between Kia and yueda Group, the company plans to rapidly increase vehicle sales and capacity utilization by expanding investment, introducing new models, developing new energy vehicles and setting up export bases. Jiangsu Kia Automobile Co., Ltd. of yueda invested 300 million yuan to transform the four production lines of stamping, welding, painting and final assembly according to the new model introduction plan in 2022. After the equipment modification, installation and commissioning, the technical transformation of four major process production lines of BDCEPE, NQ5c and SP2CEPE models has been successfully completed, making full preparations for the mass production of new models. After the new models are put into production, the company will continue to increase investment, accelerate the introduction of global strategic models and new energy vehicles, and make new contributions to the development of Yancheng automobile industry.

Leading enterprises have increased capital and expanded production, and spare parts projects are also speeding up the layout. Dolly Auto Parts Project is invested and built by Chuzhou Dolly Auto Technology Co., Ltd., a leading auto parts supplier in China, mainly engaged in the production and sales of key auto parts including high-end alloy body and chassis. With the strong support of the park, Dolly's auto parts project has maintained a rapid progress since its construction started on April 1st. At present, the basic work of the plant has been completed, and the whole company is working overtime to install and debug the equipment of the No.2 plant. The trial production and shipment can be carried out in late June, and the construction of the No.1 plant is in full swing. It is expected that mass production can be realized by the end of October.

Since the beginning of this year, Yancheng Economic Development Zone New Energy Automobile Industrial Park has focused on key points and taken positive actions, and made every effort to push the park's investment attraction, economic operation and project construction to a new level, thus accumulating strong kinetic energy for the agglomeration and development of new energy automobile industry. From January to May, seven new projects with a total investment of over 100 million yuan were signed in the park, including three projects with a total investment of over 100 million US dollars or over 1 billion yuan. The investment in fixed assets increased by 100% year-on-year, and the regulated industrial invoice sales increased by 30% year-on-year. The main indicators such as foreign capital receipts and total foreign trade import and export volume increased strongly.

At present, it is the critical period of the second quarter of the year and the sprint of more than half. The park has seized the development opportunities of new energy vehicles, made all-round efforts in the fields of new energy vehicles, key components, innovative research and development, and made efforts to cultivate new advantages of the new energy vehicle industry and promote the formation of the development pattern of the whole industrial chain of new energy vehicles. Support Kia Motors Co., Ltd. to accelerate the strategic transformation of brand high-end, and promote the production of new models and export models in Yancheng factory. Promote Chinese Express to expand the market through multiple channels, improve the direct sales system and after-sales service network, and set up the management system of product center, project center and user center. Support the approval and construction of Guoxin Reorganization Project, and promote the formal production of modern new energy painting and assembly workshop in September.

Accelerate the cultivation of industrial chain projects. The park accelerates the construction of supporting projects such as Dolly Auto Parts, Lithium Manganese Iron Phosphate, Hengchuan Wet Diaphragm, etc. to ensure trial production within the year. Increase the negotiation and cooperation of key projects such as German mainland and Japan Denso, deepen the relay with complete vehicle supporting projects such as Kia Motors and Chinese Express, and strive to settle in a number of major industrial chain projects to enlarge and strengthen the industrial base. Strengthen the relief for enterprises. Encourage the spare parts enterprises in the park to explore the market of new energy vehicles, and cooperate deeply with Chinese Express, Modern and other vehicle enterprises to supply goods through partitions. Guide enterprises to do a good job in the prevention and control of normalized epidemic situation, efficiently implement the '20+6' policy of relieving and helping enterprises, help enterprises solve the problems of supply chain and capital chain blockage and difficulties, and boost their confidence in development.