On the morning of December 10, the annual production of 80,000 tons of automotive fasteners project by Yu Tai Auto Parts (Anhui) Co., Ltd. officially commenced. The Deputy Secretary of the Municipal Party Committee and Mayor Hu Chunhua announced the project's kickoff, and the Director of the Municipal People's Congress Wang Tuoqiang attended the event. Yang Guanglan, Secretary of the Party Working Committee of the China-Singapore Suzhou-Chuzhou High-Tech Industrial Development Zone, and Shen Yongrui, Chairman of Yu Tai Auto Parts (Anhui) Co., Ltd., delivered speeches respectively.
Established in 1998 in Zhejiang, Yu Tai has been deeply engaged in the automotive parts industry for 26 years, mainly providing fastener products and services for leading enterprises in passenger cars, commercial vehicles, new energy vehicles, and Fortune Global 500 companies. The Yu Tai Chuzhou project, covering an area of 200 acres with a total construction area of 152,000 square meters and a total investment of 1.02 billion yuan, focuses on lean, digital, automated, intelligent, and visualized production, aiming to create a green, low-carbon, intelligent benchmark factory.
Over the past 12 years since its establishment, the China-Singapore Suzhou-Chuzhou High-Tech Industrial Development Zone has adhered to the standards of a national-level industrial and urban integration demonstration area, maintaining a focus on "high-end, brand, and foreign investment." The zone has attracted more than 70 automotive parts companies, including BYD, Shenghua Bo, Sensen, and Raitai, covering a wide range of products in whole vehicles, chassis, steering, automotive electronics, interiors, and new energy. It has become a significant force in the regional automotive industry development.
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