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In recent years, the city's auto parts industry has made significant progress in restructuring its product portfolio, aiming to foster emerging sectors and build a solid foundation for technological innovation. This effort has led to a new phase of large-scale development. The industry has consistently achieved growth rates exceeding 10% annually in both sales value and tax revenue. Last year alone, the total sales reached over RMB 310 million, with tax contributions surpassing RMB 19 million. As a result, the sector has become a key industrial pillar in the city, showcasing clear competitive advantages.
Currently, the industry has undergone substantial adjustments. There are now 10 enterprises operating at scale, equipped with 1,941 sets of production machinery. Companies have actively seized the opportunities brought by the booming automotive sector, accelerating their technological upgrades and focusing on market-driven product development. For example, Qianghua Auto Brushless Generator Co., Ltd. has introduced high-performance generators tailored for luxury passenger vehicles. Guangdong Meiyan Tire Co., Ltd. has invested heavily in developing semi-steel and gold-steel radial tires, increasing its annual output from 500,000 to 2 million units, with products reaching top domestic standards. Meanwhile, Feng Shun Peiying Electro-acoustic Co., Ltd. has launched premium audio systems designed for large luxury cars.
To further enhance brand recognition, many companies have established robust research and development (R&D) mechanisms. Stronghua and Peiying, among others, have set up dedicated R&D centers, continuously expanding their product lines. Notably, Peiying has managed to launch a new product within just two weeks. Its audio speaker series now includes over 700 specifications across 4-15 models, and the products are sold in more than 50 countries. The Axis brand has gained international recognition.
After years of dedicated efforts, the city’s auto parts industry has grown into a major sector, with a group of strong and promising enterprises driving steady development. In recent years, the industry has actively pursued a strategic approach centered on market orientation, focused development, resource integration, and division of labor. Initially focused on middle- and heavy-duty truck components, it has gradually shifted toward commercial vehicle and economy car parts. The industry has also transitioned from a maintenance-oriented model to one that supports original equipment manufacturers, and from relying solely on the domestic market to expanding into global markets.
Through these three major transformations, the industry has developed distinct product clusters and technology-driven sectors. Key products now include over 20 types of automobile (motorcycle) gears, starters, generators, bias tires, and audio speakers, reflecting a diversified and competitive industrial base.