World Fasteners Top 500 Merchants Wurth Entered Shenyang

Dadong District of Shenyang City dares to take the courage and courage of the world first to help promote the revitalization of Shenyang's old industrial base and take off as the “Shenyang Automobile City”. After unremitting efforts, Shenyang-European Economic Development Zone has formed a cluster of automotive supporting industries. The pulling effect of development has given birth to a "business miracle" from nothing and from small to large. Up to now, the Shenyang-EU Economic Development Zone has completed output value above designated size of 34.17 billion yuan, fixed-asset investment of 12.75 billion yuan, and attracted foreign capital of 36.225 million US dollars. It has introduced the world's largest fastener investor, including Germany's Würth, and many other Fortune 500 companies. Enterprises, nearly 100 automotive industry chain projects.

At the 4th meeting of the 14th Municipal People’s Congress, the Dadong District Party Committee Secretary Wang Kaijun told reporters that the EU Economic Development Zone has become the carrier of modern industry in the region and has become a powerful engine for Shenyang Motor City to take off. The victory of the “two sessions” in Shenyang City greatly encouraged the Dadong District to accelerate the scientific development of the EU development zone and achieve the courage and determination of a new leap in scientific development. In the face of new starting points and new journeys, the EU-China Development Zone will base itself on the new space development layout of the Dadong District “Nanjing Beiqi” and closely follow the three strategic priorities of “a strong automobile zone, a three-producing rich zone, and a science and technology-promoting zone” and will make great strides toward it. Advance the ecologically-friendly development zone with international competitiveness, internationalization, modernization, and human culture, focusing on automobiles, parts and components, and advanced equipment manufacturing.

On January 11, the reporter walked into the Shenyang-European Economic Development Zone and discovered that in the formerly empty and deserted land, it was now planted with machinery and roaring machines. In this development area with a total planned area of ​​18 square kilometers, nearly 100 world-renowned auto parts companies represented by the world’s top 500 Korean Posco, German Würth fasteners, and the Polson exhaust system are represented. They have come to invest in the industry and provided strong support for the vehicle output of Dadong District to exceed 550,000 vehicles. A modern economic development zone with European characteristics is growing rapidly...

The three “parks in the park” nested and introduced the phoenix. The European Development Zone draws on Europe’s advanced experience in the development of automotive accessory industries, promotes the construction of auto parts industry clusters through “building nests and attracting phoenixes,” and has nurtured a number of large-scale European standardized plant projects such as Zhiyuan, Würth, and Dongsheng, and introduced the BMW E90. The new three-series, Huizhong Auto Parts, Mingkang Electronics, Peiou Exterior, Jixiang Crest, and Pacalai Essential Oil products have provided a guarantee for the expansion of production capacity of Shenyang autos.

The world's top 500 have settled in succession. The EU Development Zone has used its own comparative advantages to position high-tech and auto parts projects in Europe, America, Japan and South Korea, and started misplaced competition. Up to now, the world's largest fastener investor is Germany's Würth Industrial Group, the world’s top 500 companies are South Korea’s Posco, Yanfeng’s Johnson seats, Visteon’s exteriors, BMW’s picking supplier Germany’s Posen Exhaust System Dozens of world-famous companies, such as Dexmir harnesses, have been settled in succession.

Auto parts industry accelerates agglomeration. The EU Development Zone started with optimizing investment in hard and soft environments, insisting on attracting projects with EU brands, tying projects with the automobile industry chain, and retaining projects with quality services, attracting suppliers of BMW, GM, China, and Jinbei four major vehicle manufacturers. More than 60 auto parts companies such as seats, Dexter's harnesses, Swiss Rieter, Jiefang parts and Zhongrui auto parts have settled down. The construction of the project in the development zone has achieved a historic breakthrough and formed a gratifying situation in which auto parts and components are the leading industries and various ownership systems are flourishing.

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