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Yesterday, the reporter learned from Yizheng Shuanghuan Company that ASIMCO Yizheng Camshaft Co., Ltd., established by the US with a US$30 million investment, is about to start production. This is the third joint venture project since the company started international cooperation in 1995.
According to reports, the “double ringâ€, which has a reputation as one of China’s top 500 machinery suppliers and China’s top 100 auto parts suppliers, has been established with internationally renowned manufacturers such as Peugeot Citroen, CUMMINS, DAEWOO, Komatsu of Japan, and Turkey’s IVECO. Strategic partnership. Cheng Dexing, vice chairman of Shuanghuan Company, said that Shuanghuan has been able to lead the country for 19 years, and is on an equal footing with internationally renowned companies. The key is that both Shuanghuan insists on absorbing innovation and original innovation.
In 1987, Shuanghuan broke through the traditional mode of self-accumulation and development, adopted mergers and acquisitions, and leased companies and joint ventures in the city. Production and sales volume jumped to No. 1 in the country. However, they found that this growth mode is not an intrinsic mode of growth. Since then, Shuanghuan has insisted on independent research and development in the process of leading the industry and continuously enhanced its competitiveness. In 1989, the company developed high-speed engine ductile iron piston rings and flexible energy-saving oil rings, and was identified as a national new product. Since then, the company has achieved a series of products from a single agricultural machinery ring to automobile rings, motorcycle rings, and mining rings. Therefore, in just a few short years, it won the right to product support for more than 140 mainframe plants including FAW Group, Dongfeng Motor Group and Heavy-duty Truck Group.
In 1995, Yizheng Piston Ring Plant and ASIMCO Group jointly invested US$41 million to establish Yizheng Double Ring Piston Ring Co., Ltd., which created preconditions for entering the global market. Since then, they and the ASIMCO Group have invested 12 million U.S. dollars to build a foundry company, which integrates the research and development of new materials for piston rings, new product development, and rough production. It has now become China's most advanced piston ring ring production base with international standards; and Japan NPR's multi-party cooperation project for the steel strip ring and cast iron ring was launched. It opened up a huge market for Japanese car companies.
Since 2000, the company has invested more than 200 million yuan in technical reforms, introduced high-tech equipment and advanced production lines from the United States, Japan, and Germany, and established a testing center with the most complete testing equipment and the highest grade in its domestic counterparts. In order to improve its own research and development capabilities, the company has invested more than 10 million yuan to build a piston ring special equipment manufacturing plant. Last year, more than 30 sets of special equipment for the production of piston rings were manufactured, effectively improving the technical equipment capabilities. A few years ago, Shuanghuan established the first engine bench test laboratory and friction and wear test room in the piston ring industry, effectively protecting the smooth development of new products. Last year, the company invested a total of more than 10 million yuan to build the most advanced bench test laboratory for automotive engines in the domestic auto parts industry. It fully sought to establish a technically advanced match with the main engine plant and actively connected. In order to implement simultaneous development with the host plant, Shuanghuan let engineers and technicians as host engineers for host companies take the initiative to participate in the old product transformation and new product development of the host plant. The company has successfully launched a number of high-sealing, high-abrasion-resistance and scrapes. Oil-based, thin-type, and emission-equivalent series of diesel engines and gasoline engine piston rings with Euro II and Euro III emission standards have also won national invention patents for some process technology innovations.
While basing its efforts on nurturing enterprise technology and establishing its own provincial-level technology center, Shuanghuan attaches great importance to cooperation with more than 10 famous universities and research institutes at home and abroad, and establishes Shuanghuan-Southeast University Technology Research Institute and Shuanghuan-Jiangsu University Research Institute. Special joint research institutions have hired a number of domestic and foreign experts as members of the company's technical advisory committee. Currently, they are actively applying for postdoctoral research stations. Now, Shuanghuan Company has developed an average of more than 250 new products each year, and technological progress has contributed more than 50% to the company's economic growth.