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Best (Anhui) new plant lays foundation, actively expands new energy vehicle business
- China Aluminium Network
- Post Time: 2022/11/15
- Click Amount: 1019
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【Aluminum Road Network】
Recently (November 11), the foundation stone laying ceremony of Anhui Best New Energy Auto Parts Co., Ltd. Hanshan Factory was held in Hanshan Economic Development Zone, Maanshan City. So far, the new energy auto parts production project invested by Wuxi Best Precision Machinery Co., Ltd. ("Wuxi Best") in Hanshan Economic Development Zone has officially landed.
It is understood that on June 25, 2022, Anhui Best New Energy Auto Parts Co., Ltd. ("Anhui Best"), a wholly-owned subsidiary funded and established by Wuxi Best, was established with a registered capital of RMB 100 million. Manufacturing of auto parts and accessories, research and development of auto parts, sales of electrical accessories for new energy vehicles, manufacturing and sales of intelligent basic manufacturing equipment, and manufacturing and sales of metal structures.
According to reports, the total land area of ??the first phase of the project is about 110 mu, and the total construction area of ??the first phase is about 70,000 square meters. The products are mainly matched with domestic and foreign well-known car companies in the field of new energy vehicles.
In recent years, Wuxi Best has expanded its business through mergers and acquisitions, especially in the fields of new energy vehicles and die-casting parts manufacturing. In 2019, Best acquired a 51% stake in Suzhou Herbes, which mainly produces aluminum alloys and die-casting parts products. A long-term spare parts supplier for BROOKS Instrument Company of the United States and EMI and other companies. This acquisition allowed Best to quickly enter Tesla's supply chain system.
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