How is the treatment for BAIC Molding?

BAIC mainly makes parts for Mercedes-Benz and has a large business volume. However, the work location is far from the urban area and is relatively remote.

The following is a relevant introduction to BAIC Molding:

On October 28, 2007, Beijing Automotive Industry Holdings Co., Ltd. and Jiangnan Molding Technology Co., Ltd. signed a cooperation agreement in Jiangyin, Jiangsu According to the agreement, the two parties will jointly establish Beijing BAIC Molding Technology Co., Ltd. in Beijing with a share ratio of 51:49 to provide automobile exterior system components, mainly bumpers, to automobile manufacturers in the Beijing area.

In order to achieve the goal of producing and selling 1.3 million vehicles and achieving sales revenue of 150 billion yuan in 2010, BAIC Holdings is focusing on developing its own brand vehicle and parts business.

Beijing BAIC Molding Technology Co., Ltd. was registered and established in June 2008. It is a joint venture between Beijing Hainachuan Automotive Parts Co., Ltd. and Jiangnan Molding Technology Co., Ltd. Hainachuan is a component company of BAIC Group Industrial platform, with more than 50 parts and components industries in joint ventures and cooperation with the world's top 500 companies and the top three domestic companies. Jiangnan Molding is one of the largest production bases for automobile bumper assemblies and other exterior products in China).

The company's first-phase project has a total investment of 250 million yuan and covers an area of ??120 acres. It was completed and officially put into mass production in July 2010. Due to business development needs, the company's second-phase project has an additional investment of approximately 250 million yuan. It is planned to officially start mass production in early 2013. Its key customers are the whole plants in the Bohai Rim region, mainly BAIC Benz, Beijing Hyundai, BAIC Motor, BAIC Foton, and BAIC Co., Ltd. It will provide high-quality, low-cost products with strong competitiveness.

The above information refers to Baidu Encyclopedia - BAIC Molding