On December 12, 2011, the Continental Group’s Wuhu plant continued its growth strategy and invested 10 million yuan to expand a new plant. As one of the 18 manufacturing plants of Continental Group in China, Continental Automotive (Wuhu) Co., Ltd. has increased the output of the Powertrain System Department through factory expansion. Local government officials and Continental management attended the factory expansion ceremony that day. Starting from the end of December, the new production facility will produce sensors and actuator business units for the powertrain system department and products for the fuel supply system business unit. Mr. Jiang Kunke, CEO of Continental China, said: “China Automotive Electronics (Wuhu) Co., Ltd., which has been operating for 15 years, is one of the leading manufacturing plants of Continental Group in China. It plays a role in helping us establish our leading position in China. With an important role as part of our over-proportional earnings growth plan in China, this expansion represents another important step, expressing our confidence in the Chinese market." In the past 15 years, Continental Automotive (Wuhu) Co., Ltd. has produced high-quality products using innovative technologies in China and contributed its own strength to the development of the Chinese automotive market. The original factory area is approximately 27,000 square meters, with approximately 2,500 employees, to support business operations in China and serve local and global customers. In order to increase its production capacity to adapt to its strong development momentum, the Continental Group’s Wuhu plant invested in a new production facility with an area of ​​approximately 1,500 square meters. The new facility currently has about 400 employees. In terms of capacity, the use of the new facility will increase the output of the actuator cover by about 60%, the output of the electronic throttle body (ETC) by about 10%, and the output of the rotor line of the fuel supply system by about 30%. These products are suitable for parallel sales of local and global automotive market segments. Mr. Johann Gurtner, CEO of Continental Automotive (Wuhu) Co., Ltd., said: “Today's factory expansion gives us the opportunity to gain more business and growth, and to open a new chapter in the history of the development of the Continental Group’s Wuhu plant. We are manufacturing The expansion of the field will further increase our production capacity to better meet the needs of our customers, and we are therefore very pleased that the Continental Group's Wuhu plant has taken a big step forward. With sales of 26 billion euros in 2010, Continental AG is one of the world's leading suppliers of automotive parts and components. The Group's business covers braking systems, powertrains and chassis systems and components, instrumentation, infotainment systems, automotive electronics, tires and industrial rubber products. It is committed to driving safety and environmental protection. Continental AG is also an excellent partner in automotive network communications. Continental employs approximately 164,000 people worldwide in 45 countries. Continental Automotive Group has sales of approximately €16 billion in 2010, a chassis and safety system (2010 sales of 5.8 billion euros, 30,000 employees), powertrain system (2010 sales of 4.7 billion euros, and 27,000 employees ) And the body electronics system (2010 sales of 5.5 billion euros, 30,000 employees) three divisions. At present, the automotive group has more than 170 branches worldwide. As a partner in the passenger and commercial vehicle industry, the Auto Group is committed to further modernizing its vehicles, developing and producing innovative products and systems, and is committed to a new driving experience that is safe, environmentally friendly, economical and comfortable. The Chassis and Safety Systems Division develops and manufactures electronic and hydraulic braking systems, chassis control systems, sensors, driver assistance systems, airbag controls and sensors, washing systems and electronic air suspension systems. Its core advantage is the ContiGuardTM system, which integrates active and passive safety systems. The Powertrain System Department focuses on innovative and efficient automotive powertrains. Its extensive product range covers gasoline and diesel injection systems, engine management systems, transmission control, sensors and actuators, fuel supply systems, hybrid vehicles and electric vehicles. Components and systems. Information management is the core business of the Body Electronic Systems Division. The products of the Body Electronics Systems Division include instrument clusters and multi-function displays, control units, electronic car entry systems, tire monitoring systems, radios, multimedia and navigation systems, temperature control systems, in-vehicle information service solutions, and cockpit modules and systems.
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