On October 26, 2010, three complete vehicle and component projects were formally settled in the Shiyan County Economic Development Zone in Hubei Province. The total investment of the project is 2.2 billion yuan. After the completion of the project, the annual sales income will reach 7.1 billion yuan and profits and taxes will be more than 300 million yuan.
It is understood that these three major projects are the Zhenghe Industrial Park invested by Shifu Zhenghe Co., Ltd. with a total investment of 1 billion yuan. After the project reaches production, it will realize an annual sales income of 5 billion yuan and a tax of 150 million yuan; Chengdu Shuangliu Yunda Vehicle Decoration Factory Investment The 5,000-million-yuan Omlin Automotive Instrumentation Science and Technology Industrial Park will achieve an output value of 900 million yuan and a profit and tax of 50 million yuan after the project is completed; and Hubei Changtong Economic and Trade Development Co., Ltd. will invest 650 million yuan in the construction of the Dongyue large-scale mining special vehicle project. After the project is completed, it will realize an annual sales income of 1.2 billion yuan and a tax of 100 million yuan.
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