Project Tracking | With a total investment of 1.5 billion RMB, Gugawa Union Bank helps Kunshan Huguang realize the dream of an automotive powerhouse!
2019-11-14 14:00

With the steady growth of the global automotive market—particularly the rapid rise of new energy vehicles—the automotive wiring harness market has also maintained a stable and positive trend. Guichuan United provided site selection consulting services to Kunshan Huguang, a leading domestic manufacturer of high- and low-voltage automotive wiring harness assemblies, helping the company establish its new project in the Huangshi Economic and Technological Development Zone and ushering in a new chapter for “China’s Intelligent Manufacturing”!

In recent years, China’s automotive wiring harness market has experienced rapid growth. Domestic companies have accelerated R&D in core technologies and, through innovative products and high-quality services, have established a strong reputation in the market, resulting in increased market share. Kunshan Huguang Automotive Electrical Co., Ltd. stands out as a leader in this field. As a company specializing in the R&D and production of automotive high- and low-voltage wiring harness assemblies, it has established partnerships with renowned automotive groups such as SAIC Motor, FAW Group, Volkswagen, and Daimler-Benz.

Project Tracking | With a total investment of 1.5 billion RMB, Gugawa Union Bank helps Kunshan Huguang realize the dream of an automotive powerhouse!

To meet the demands of market development and production expansion, Huguang launched a new investment plan. Faced with complex site selection requirements, Huguang chose to partner with GuChuan United. GuChuan United promptly established a site selection team to investigate the company’s actual needs. Addressing Huguang’s requirements regarding industrial clustering, infrastructure, and transportation , the team utilized professional investment analysis and a big data-driven investment decision-making platform to precisely match the project’s implementation needs. This process identified the Huangshi Economic and Technological Development Zone as the ideal location that met the company’s expectations.Huangshi, adjacent to Wuhan, boasts convenient transportation links and a robust industrial foundation, offering distinct advantages for automotive industry development. GuChuan United’s efficient coordination facilitated in-depth communication between the development zone and Huguang, enabling detailed negotiations on the cooperation plan and ensuring the orderly progress of the project’s implementation.

Ultimately , Guchuan United assisted in securing the Kunshan Huguang project, with a total investment of 1.5 billion yuan, to be established in the Huangshi Economic and Technological Development Zone. This major collaboration not only accelerates the rise of the automotive industry cluster in Huangshi and Hubei Province but also helps Huguang continuously climb the high-end value chain, driving corporate innovation, transformation, and high-quality development. It represents a mutually beneficial and win-win partnership for both parties!

Project Tracking | With a total investment of 1.5 billion RMB, Gugawa Union Bank helps Kunshan Huguang realize the dream of an automotive powerhouse!

Both the Development Zone and Huguang have expressed high praise for the professional services provided by Guichuan United. Moving forward, Guichuan United will continue to leverage its strengths to actively build platforms for government-enterprise collaboration, conduct targeted project matching, provide timely feedback and full-process tracking, and steadfastly advance cooperative initiatives to ensure that the strategic goals of both government and enterprise take root and are successfully realized!

Source: Investment Promotion Network
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