Dongfeng Established Special Parts & Components Limited Company

SHANGHAI February 23rd, 2017 Gasgoo – Recently, Dongfeng Special Parts & Components Co, Ltd was established, which marks the success of the separation from Dongfeng Dedicated Devices Science and Technology Co. Ltd. Dongfeng Design and Research Institute Co, Ltd has divided the two companies into technical equipment division and industrial investment division respectively and to manage them directly, which will be conductive to release the vitality of restructuring and support the equipment business and components business to be stronger, thus forming stronger market competitiveness

On October 28th of 2015, Dongfeng Motor Dedicated Equipment Factory was transformed into Dongfeng Dedicated Devices Science and Technology Co. Ltd. One year after the transformation, the new company was keen on reformation, implementing innovative development and changing workers’ thoughts, which improved the operating efficiency and made up the deficits and got surpluses. Now there is a good landscape for Dongfeng’s Equipment business and components business. In order to further promote the development of the two businesses departments, Dongfeng Dedicated Devices Science and Technology Co. Ltd begain its separation on September 22th of 2016.

After its separation, Dongfeng Dedicated Devices Science and Technology Co. Ltd will throw itself into the deep ploughing of intelligent equipment, focus on “intelligent assembly” and “intelligent transport” and to carry out work based on “intelligent assembly, intelligent transport, intelligent logistics, intelligent park, and intelligent maintenance”. To promote the development of equipment business through improving research and development ability of products and intensifying the ability of market development. The new established Dongfeng Parts & Components Co, Ltd will focusing on two core products----“suspension” and “driver” and developing with strategies of “leading by technologies and developing passenger cars and commercial cars together” to continually strength the core competitiveness of its products, enlarge its market shares, make its component business more successful and professional and make it become the new growth point of profits.