Dongfeng Liuzhou Motor Signed a Strategic Cooperation Framework Agreement with Sanhuan Axle, Sanhuan Forging, and Xiangyang Bearing

On July 15, the signing ceremony of the strategic cooperation between Dongfeng Liuzhou Automobile Co., Ltd. and Sanhuan Group Co., Ltd. was held at the company's headquarters. Yao Liwen, vice-president of Dongfeng Liuqi, president of the company Wang Hanrong, vice-president Tang Zhibiao, general manager of the Third Ring Vehicle Bridge Liu Zhengqiang, general manager of Xiangyang Bearing Zhang Lei, vice-president of the Third Ring Forging Chang Jicheng, and heads of relevant departments at Headquarters participated in the signing ceremony and held discussions and exchanges.

At the meeting, the two sides respectively introduced the production and operation in the first half of 2021 and the cooperation in the previous stage.

It is reported that from January to June 2021, Dongfeng Liuzhou Automobile and Sanhuan Group both achieved substantial year-on-year sales growth and successfully won a beautiful start to the "14th Five-Year Plan". At the same time, since Wang Hanrong and his entourage went to Dongfeng Liuzhou Motor for a high-level visit on July 29 last year, the two parties have continuously strengthened the density and depth of cooperation and exchanges, and have achieved remarkable results in many aspects such as technology docking, new product development and business development. At present, Dongfeng Liuzhou Automobile and Sanhuan Group, as the two ends of procurement and supply, have shown a good trend of share increase, scope extension, product upgrade, R&D advancement, and stable evaluation in cooperation. Both parties are full of confidence in further comprehensive strategic cooperation. expect.

Wang Hanrong said that Liuzhou, as an important town in the southern automobile industry, has an important position as a "strategic base" in the third ring road. Focusing on the “ localization ” business strategy, the company will focus on market research, product planning and cost calculation in Liuzhou in the next stage. With key products as the fulcrum and resource sharing as the basis, the company will continue to expand cooperation methods and deepen cooperation with Dongfeng Liuzhou Automobile Co., Ltd., so as to win the future from point to area.

Wang Hanrong proposed that the two sides should establish a joint working group to further clarify the work plan, clarify the time node, speed up the reaction, and work together to promote the implementation of Liuzhou 's " Third Ring Industrial Park " project by the end of the year.

Yao Liwen pointed out that the Third Ring Group is an ideal partner of Dongfeng Liuzhou Motor in R & D, manufacturing, quality, after-sales and stability. The two sides should further focus on the direction of product modularization, integration and centralization, complete the high coordination from product chain to value chain and then to ecological chain, jointly promote the construction of Dongfeng Liuzhou Motor supply chain ecological circle, find growth points and opportunities in the “ great change ” period of the automobile industry, and expand the “ circle of friends ” of the two sides.

Yao Liwen fully agreed with Wang Hanrong ' s proposal on the joint working group. He stressed that the three ring group, Dongfeng Liuzhou Motorand Liuzhou government should fully communicate, consolidate the current basis of cooperation, and promote the construction of Liuzhou ' s " three ring industrial park " as soon as possible.

At the meeting, Yao Liwen signed strategic cooperation framework agreements with the Third Ring Bridge, Xiangyang Bearing and the Third Ring Forging on behalf of Dongfeng Liuzhou Motor.