Auto Parts giant invests $100 million in Feixi

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Japan Asahi Tec Corporation is the world's largest manufacturer of automobile wheel hubs . The Hefei Donglingxu Construction Machinery ductile iron casting project jointly invested by the company and the Guangzhou Dongling Group recently started construction in the Feixi Taohua Industrial Park.

The project will fill the technical gap in our province in the construction of precision cast parts for construction machinery and automotive large cast iron components. With a total investment of 100 million U.S. dollars and a construction period of 2 years, the project will be able to form an annual production capacity of 60,000 tons of ductile iron castings for various types of construction machinery, 20,000 tons of castings, and a production capacity of 1.1 billion yuan. Yuan, profit and tax of 250 million yuan, driving 700 jobs.

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