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At the end of 2005, there were 79 accumulative admission projects and an agreement investment of 3.6 billion yuan, of which 48 auto parts enterprises had a total investment of 2.5 billion yuan. In just over three years, the Jianghuai Auto Parts Industrial Park in Changfeng County has risen rapidly and is planning to become the “First Park of Anhui Auto Parts Industryâ€.
At present, the project has been included in the "Eleventh Five-Year Plan" in Hefei.
From the perspective of the size of the company, there are 4 agreements invested over RMB 100 million, and 22 invested over RMB 10 million, accounting for more than 90% of the enterprises entering the Park. From the perspective of development trends, there are endless streams of investment to visit, 12 well-known auto parts companies including Guangzhou Yanda and Zhejiang Fuyang Air Conditioning will also join the Auto Parts Park. Initially formed an auto parts industrial cluster led by automobile processing and manufacturing, supported by more than 10 automakers, automakers and auto repair companies, integrating auto parts, auto trade, auto repair and auto parts.
In 2005, the park achieved an industrial output value of 980 million yuan, which was 17.8 times that of 2001, accounting for 29% of the county's total industrial output value; the tax revenue was 37.13 million yuan, which was 12.4 times that of 2001 and accounted for three of the county's industrial taxes. One-half or so. Among them, more than 80% of the total industrial output value and tax revenue realized in the park comes from auto parts companies. Auto Parts Park has grown to Anhui's fastest growing, Hefei largest area, Jiang Auto Group unanimously identified the supply of auto parts. The county also plans to develop a 4 square kilometer core new park that integrates automobiles and parts, and strives to reach more than 100 enterprises by 2010, supporting Jiangqi's share of more than 30%.
At the same time, under the assistance of Jiangqi Group, Changfeng County’s comprehensive economic strength has leapt to a new level. The number of places in the province rose from 41 in 2001 to 25 in 2004, 16 in 4 years, and the country’s poor counties have reached the top 10 counties in the province.