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BAIC Yinxiang, Chongqing Bisu start capacity expansion projects in Chongqing

CHONGQING – BAIC Yinxiang Automobile Co., Ltd. started its output capacity expansion project at Hechuang Industrial Park in Chongqing on June 28.

Chongqing Bisu Automobile Co., Ltd., located in Hehcuang Industrial Park, also began its production capacity expansion project at the same day.

Taking a total area of 760,000 square meters, the two projects have an investment of ¥2.8 billion ($431 million). As planned, annual vehicle output capacity of BAIC Yinxing will be expanded to 550,000 units, and Chongqing Bisu 250,000 units. At present, the number stands at 300,000 units and 150,000 units respectively. The two projects are expected to be in operation by the end of 2017.  

Besides its traditional vehicle project, BAIC Yinxiang also started its “3e” NEV project, which designs to produce annually 100,000 sets of lithium batteries, electric engines and vehicle electric control systems at Hechuang Industrial Park. The “3e” NEV project will take a land area of 140,000 square meters with an investment of ¥800 million.

When finished, the three projects are expected to create a total ¥42.6 billion annual output value, ¥1.55 billion on tax revenue and 12,500 jobs. Hechuang Industrial Park is also expected to be built into a ¥10 billion NEV industry base in Chongqing.

The first quarter of this year saw Hechuang district’s total industrial output value reaching ¥30.6 billion, a 23.5 percent year by year increase. The number is expected to exceed ¥300 billion by 2020.

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One thought on “BAIC Yinxiang, Chongqing Bisu start capacity expansion projects in Chongqing

  1. 2018年7月,一份疑似关于银翔汽车停工待产的通知被广泛流传,通知提到:“由于行业环境持续恶化,企业经营困难,公司决定停工待产40天,后续复产时间提前一周通知。”但北汽银翔在《致销售服务商伙伴的公开信》中公开否认了这一消息,表示停工是因为工厂在“高温假期”期间,销售服务所有业务正常开展。
    不过,几乎在同一时间,一份《重庆银翔实业集团有限公司恳请银行业金融机构继续支持的函》让北汽银翔经营情况不佳的情况从侧面得到了证实。
    根据启信宝显示,2018年7月,由于被执行财产保全,北汽银翔汽车有限公司持有的包括中信银行、招商银行、中国建设银行等多家银行在内的企业账户被法院查封、冻结,旗下北汽嘉庆(重庆)新能源汽车技术有限公司及重庆北汽幻速汽车销售有限公司被法院查封、扣押、冻结。如此来看,北汽银翔资金链断裂已持续长达两个多月的时间。据接近北汽银翔的人士透露,目前北汽银翔共拖欠供应商、员工工资在内的款项共计超过20亿元。
    2018年9月17日,网传北汽银翔从2018年9月20日开始由合川政府、重庆一家基金公司和昌河汽车三甲成立一家新的公司来组织后续生产运营,简称第三方托管。恢复生产后的债务清偿问题目前没有明确。

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