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Chongqing Hi-Lex Groups, the largest automobile cable manufacturer in China, has finished its new factory in Chongqing's Liangjiang New Area recently.

The new factory covers 12,000 square meters and will manufacture key parts for stamping, molding, powder coating and rolling automobiles. Annual turnover is expected to exceed 67 million yuan.

According to Hi-Lex, the new factory will address industrial updates and marks their move from cable systems to automobile parts.

Located in the Yufu International Industrial Park of Chongqing's Liangjiang New Area, Chongqing Hi-Lex Group is the largest producer of automobile cable systems in China. Its main products are cables, automatic door systems and PLG back door systems .

With a total investment of 500 million yuan, the Yufu International Industrial Park occupies an area of 91,880 square meters. Companies in the park mainly produce motor meters, cable systems, window regulators, and offer auxiliaries to Beijing Benz, FAW-Volkswagen, FAW Toyota, Guangzhou Honda, Chang'an Group, and Chang'an Ford. As auto manufacturers gather in Liangjiang New Area, over 40 auto parts manufacturers also agreed to settle down there. Liangjiang New Area has achieved a mode of "Whole Vehicle+Parts", integrating research, manufacture and logistics.

Edited by Andrew Ancheta