After three months of negotiations with the local government of Chunjiang, Wisdoms Auto Parts (Changzhou) Co., Ltd. has occupied a customized plant in the Changzhou National Hi-Tech District.
The company will primarily focus on manufacturing and selling key components for automobile engines, and other automobile parts.
Wisdoms Auto Parts (Changzhou) Co., Ltd. is a wholly Japanese-owned enterprise established and invested in by Wisdoms Group (Hong Kong) in April this year. It is a major secondary supplier of Toyota, and also a supplier to DENSO (Changzhou) Fuel Injection System Co. Ltd. which has also established itself in the area.
The company mainly manufactures precision casting and precision forging roughcasts for automobiles, fuel pumps and other accessories for diesel engines, emission control equipment and other accessories for engines which can meet China's Stage IV Standard for Pollutant Emissions, as well as electronic combined instruments and its accessories. It is forecast that the Company will manufacture 3 million precision casting and precision forging roughcasts per year, 8.6 million fuel pumps and other accessories for diesel engines per year, 3.6 million items of emission control equipment and other accessories for engines which can meet the Stage IV Standard for Pollutant Emissions per year, and 8.4 million electronically combined instruments and accessories per year.
A number of automotive industry related companies have set up plants in the Changzhou National Hi-Tech District — these include Huanghai Bus, Japan-based DENSO Corporation, Mitsubishi Electronic, Bridgestone, US-based Visteon, French Montupet, and Magna International Inc.