A delegation led by Hu Yabo, Party secretary of Wuhan Economic and Technological Development Zone (WHDZ), visited three automobile accessory companies in the zone, on Feb 27, to learn of their development and problems.
The three companies were Dongfeng Lear Automotive Seating Company, Dongfeng Getrag Transmission Company and Wuhan Kingfa Technology.
Dongfeng Lear Automotive Seating Company was established in 2004, and is mainly engaged in research, development and manufacturing of automobile seats. The company achieved revenues of 3.86 billion yuan ($608.4 million) in 2017 and is expected to achieve revenues of 4 billion yuan this year.
A staff member works on a production line at a manufacturing workshop in Dongfeng Lear Automotive Seating Company. [Photo/WeChat account of WHDZ]
Hu visited the company’s manufacturing workshops, product testing center and exhibition halls, praising the company’s contribution to WHDZ’s economy.
Hu Yabo talks to staff members at a workshop in Dongfeng Lear Automotive Seating Company, Feb 27. [Photo/WeChat account of WHDZ]
Dongfeng Getrag Transmission Company achieved output value of 845 million yuan in 2017, and is expecting significant growth in 2018.
Wuhan Kingfa Technology is mainly engaged in research, production, sales and service of new high-performance materials, achieving output value of 1.2 billion yuan in 2017, up by 93 percent compared to 2016.
After visiting the two companies, Hu said that high-level professionals are of great significance to a company’s development, and WHDZ is willing to provide preferential policies to help enterprises introduce and retain staff.
Stabilizing growth and promoting transformation are the main tasks for companies in WHDZ now, and the zone will solve problems and create a good business environment for companies, added Hu.
In response to the difficulties that companies face, Hu said that the zone will implement a series of policies, including providing apartments for high-level professionals, helping their children enter schools, and giving support to companies in establishing national-level research and development centers.
Hu and company leaders meet in Dongfeng Getrag Transmission Company, Feb 27. [Photo/WeChat account of WHDZ]
