In recent days, Xinyuan (Jiaxing) Automotive Electric Co., Ltd., a company with a total investment of US$10 million, broke ground in the Xiuzhou Industrial Zone. This is the 52nd project started in Xiuzhou Industrial Zone.
It is understood that the commencement of this project marks a new breakthrough in Xiuzhou Industrial Park's efforts to build leading industries for auto parts. The CEM mold project was introduced through the form of “enterprise-introduced enterprisesâ€. It is jointly invested by Antong (Jiaxing) Automotive Electric Co., Ltd. and Taiwan’s top auto parts mold manufacturer, Taiwan Yuan Ming Co., Ltd., with a registered capital of US$5 million. Engaged in R & D, design, manufacture all kinds of precision plastic molds. It is expected that the entire project will be officially put into operation in the second half of next year.