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In recent years, international mergers and acquisitions or international investment cooperation in the auto parts industry has attracted particular attention. Among these are Chinese parts companies. Many Chinese parts and components companies have successfully entered the international automobile giant procurement system. On the one hand, this indicates a boost in the international status of China's spare parts companies. On the other hand, it also indicates that Chinese auto parts companies are paying more attention to their own hard power. According to statistics, most of the companies listed in auto parts and components companies are constantly increasing their investment through raising funds or their own capital reserves, or acquiring overseas equity and building factories, or opening new projects, or the original technological transformation. , increase production capacity, at least tens of millions of investment, more than a few hundred million yuan.
Relying on the interim report transformation of international companies to invest overseas <br> <br> Xiangyang bearing jealous of so many companies. In the first half of the year, Xiangyang Bearing achieved an operating income of 717 million yuan, an increase of 76.24% year-on-year, and a net profit of 161.1616 million yuan, an increase of 932.22% year-on-year, and an increase of net profit of 161.68% after deducting non-recurring gains and losses. Fuyang Bearing completed sales of 360 million yuan in foreign markets, an increase of 799.25% over the same period last year. Fuyang Bearing stated that this was mainly due to the company's successful acquisition of 89.15% of the KFLT factory in Poland in 2013, which was included in the scope of the consolidated statement. At the same time, it expanded its overseas market with its foreign sales network. Fuyang Bearing strictly follows the "Structure for Adjustment, Level Up, and Internationalization" strategy and has made remarkable progress in all tasks.
Central Plains also accelerates the pace of entering the international market. In early June this year, a wholly-owned subsidiary established in Russia with a total investment of 60 million roubles (approximately 10.15 million yuan) invested in the Central Plains has completed relevant registration procedures. The report shows that "grasping the country, consolidating North America, expanding Europe, and developing the CIS" are Central China's business strategy for this year, and the establishment of a Russian subsidiary is beneficial to the strengthening of the Central Plains and Russia, Belarus, Kazakhstan, and Ukraine. The business contacts between OEMs and aftermarket customers in the CIS countries are conducive to expanding their overseas market share, helping to optimize their overseas market structure, increase their ability to resist risks, and promote the global strategic layout.
Fuyao Glass is one of China's earlier auto parts companies that established factories overseas. In the first half of this year, the Fuyao Glass Russia Kaluga Automotive Glass Project has completed the matching qualification certification of Volkswagen, General Motors, Nissan and other auto makers, and entered the transition phase of the conversion. The Ohio automobile glass project in the United States has completed the preliminary work of the establishment of the project company, purchase of the project land and factory buildings, and is proceeding in an orderly manner according to the original plan. Fuyao Glass has also signed an agreement with PPG Corporation to purchase two float glass production line assets in Illinois, and plans to cooperate with PPG Corporation in order to support the supply of raw materials for the project, reduce costs, improve the industrial chain and exert synergies. It is upgraded to an automotive grade float glass production line. The successive completion of investment projects will help the company continue to grow steadily and healthily.
The new domestic investment continued to increase domestic and foreign <br> <br> Wanfeng Auto double advance. In the first half of this year, the business income of Wanfeng Aowei in mainland China was 1.21 billion yuan, an increase of 26.89% year-on-year; operating income in other regions was 1.319 billion yuan, an increase of 11.74%. The report shows that Wanfeng Aowei has accumulated a total of 89.66 million yuan in new project investment in the first half of this year, of which Jilin Wanfeng's 2 million auto aluminum wheel project and Chongqing Wanfeng 3 million aluminum alloy wheel project are in the trial production stage, and no revenue has yet been generated. India Wanfeng 3 million motorcycle aluminum wheel project is also actively building.
Fuyao Glass continues to expand domestic production capacity to ensure stable growth of the company. In the first half of the year, the Fuyao Glass Tongliao Float Project has entered the final stage of equipment installation. It is expected that it will enter the trial production stage by the end of October, and will provide high-quality float glass before the end of the year to increase the supply of raw materials; Shenyang Automobile Glass Project is in the process of equipment Installation is expected to be completed before the end of October into the commissioning of production, while the domestic Wuhan, Chengdu, Yantai, Baoding, Liuzhou, the construction of satellite warehouses are also in accordance with the schedule, the completion of these projects will further improve the layout of the domestic market and increase sales Service capacity, save package transportation costs.
In response to the forthcoming full implementation of the National IV emission standard, Yinlun shares has already made relevant reserves and continued to increase investment in the first half of this year. According to the report, in the first half of this year, Yinlun shares were "an annual output of 10,000 sets of SCR systems and an annual output of 80,000 sets of SCR converter production and construction projects", "an annual output of 60,000 sets of commercial vehicle cooling modules and an annual output of 40,000 sets of projects. The investment for investment in the three projects of the Mechanical Cooling Module Production and Construction Project and the Shandong Production Base Construction Project was 66.6 million yuan, and a total of 290 million yuan was invested. The investment progress of the three projects was 60.76%, 73.50% and 61.46 respectively. %.
The rapid development of new energy vehicles has increased the demand for automotive power batteries. In the first half of this year, camel's auto starter battery business revenue was 2.245 billion yuan, a year-on-year increase of 19.48%. Camel Co., Ltd. attaches great importance to the tracking of international advanced battery technologies and market development trends, and focuses on accelerating the R&D of AGM and EFB start-stop batteries, and strives to occupy the leading position in the market for the application of new-generation battery technologies. In the first half of the year, camel shares are in the "annual output of 6 million KVAH new high-performance low-lead consumption maintenance-free storage battery project", "camel Huazhong annual output of 4 million KVAH new low lead consumption maintenance-free storage battery project", "hybrid vehicle battery project" , "Gucheng camel plastic products off-site new construction projects" in the plan to invest 120 million yuan, has invested 1.137 billion yuan, in addition to "battery for hybrid vehicles with battery" have generated revenue.