Ltd in Wuhan established joint venture Dongfeng Automobile mould

The new company became Dongfeng motor (600,006) the old republic power leveling, Corp stamping parts supplier day steam model of the enterprise (002510) announcement today swtor power leveling, the company intends to apply for a capital of $ 78.4 million raise funds from the Super, with Dongfeng (Wuhan) co, Ltd in Wuhan established joint venture Dongfeng Automobile mould (Wuhan) limited in metal forming processesThe company, engaged in mold, tool, fixture and other automotive labor charging and metal forming products of production and research and development. Notice disclosure, steam days die in monetary funds funded sources for Super proceeds. 　　Part of Dongfeng industries in Hubei Province Wuhan dongxihu district land, plant and equipment and other physical assets, after assessment, pricing, investment. At the establishment of the joint venture, Dongfeng realIndustry is about to hand over part of its existing stamping parts orders to production joint venture company, the joint venture company Dongfeng motor (600,006) Group's multiple stamping of automobile manufacturing enterprise suppliers. On this basis, the joint venture will make full use of steam day die in die design, manufacturing and maintenance, and many other technical advantages of the die, and continuously improve product quality and production efficiency, productOpen up the market to enhance economic benefits. 　　At the same time, two years after the founding of joint venture company plans, using steam days thermoforming technology investment in hot stamping die stamping parts production line, professional manufacture of automotive high strength thermo-forming, stamping parts. At present, the hot forming technique in the rapid development in foreign countries, United States General Motors, Ford and Germany the public and other car companies are using the technology to produce high strengthStamping parts. But at home the technology is still in its infancy, at present only a very few companies production lines introduced from abroad engaged in hot stamping parts production. 　　Joint venture hot stamping technology if it can be successfully applied, will bring significant economic benefits to joint ventures. Steam days die said company and Dongfeng industrial joint-venture company, to take full advantage of the advantages of both sides, moreWell as Dongfeng motor group related enterprises and other domestic car companies to provide automotive stamping parts and mold, tool, fixture and other automotive tooling. At the same time, stamping business venture will further expand the company's market reach, optimize product mix, increase raises the Fund use efficiency.