Changzhou Hi-Tech District Welcomes Japanese Wisdoms Auto Parts

    CHANGZHOU, China, Aug. 18 /Xinhua-EMWNews/ -- After three-months of

intense preparation, Wisdoms Auto Parts (Changzhou) Co., Ltd. has landed in

standard plant customized by the local government of Chunjiang town,

Changzhou National Hi-Tech District on August, 15. Invested in by Japanese

Wisdoms Group, the Company will primarily focus on manufacturing and

selling key components for automobile engines and other automobile parts.



    Wisdoms Auto Parts (Changzhou) Co., Ltd. is a solely Japanese-owned

enterprise established and invested in by Wisdoms Group (Hong Kong) in

April this year. It is the major secondary supplier of Toyota, and also a

supplier of DENSO (Changzhou) Fuel Injection System Co. Ltd. who has also

established itself in the area.



    The Company has invested a total of 1.5 billion Japanese Yen, and its

registered capital is 600 million Japanese Yen. It mainly manufactures

precision casting and precision forging roughcasts for automobiles, fuel

pumps and other accessories for diesel engines, emission control equipment

and other accessories for engines which can meet China's Stage IV Standard

for Pollutant Emissions, as well as electronic combined instruments and its

accessories. It is estimated that the Company will manufacture 3 million

precision casting and precision forging roughcasts per year, 8.6 million

fuel pumps and other accessories for diesel engines per year, 3.6 million

emission control equipments and other accessories for engines which can

meet the Stage IV Standard for Pollutant Emissions per year and 8.4 million

electronically combined instruments and its accessories per year.



    In March this year, the plant site was not completely leveled while

Wisdoms Company required a move into the plant by July because of its

pressing manufacturing tasks. The local government took only four months to

complete the construction, which would have taken close to a year under

normal circumstances. The speed shocked the Japanese representatives. The

President of Wisdoms Auto Parts (Changzhou) Co., Ltd. said, ''It took such

a short four months to deliver from a piece of blank paper. This deepens my

trust in Changzhou and further convinces me that it is a right choice to

invest here.''



    The Changzhou National Hi-Tech District has attracted automotive

industry related companies to land one after another, such as Huanghai Bus,

Japan-based DENSO Corporation, Mitsubishi Electronic, Bridgestone, US-based

Visteon, French Montupet and Magna International Inc.






    For more information, please contact:



    Changzhou National Hi-Tech District

     Wang Zhongliang

     Tel:   +86-519-8512-7305 or +86-130-925-27003

     Fax:   +86-519-8511-5905

     Email: [email protected]