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According to relevant data, more than 70% of China's domestic auto projects are purely OEM and have no technical participation. Local auto parts can not escape the fate of OEM.
As the first professional exhibition to be set up independently, the Guangzhou Auto Show attracted the active participation of auto new energy testing technology, automotive manufacturing equipment, automotive remanufacturing, and automotive aftermarket. Bridgestone, Giti, Pirelli, Jebsen Industrial, Johnson Controls, Cummins Engine, Aisin Seiki, Guangzhou Automobile Parts and many other first-line brands have appeared.
However, in the upper reaches of the automotive industry chain, local parts companies are often labeled as "OEM." The Yangcheng Evening News reporter randomly interviewed several buyers who came to discuss the project. They all said that the projects brought by this time are more drawings and can be directly produced. The process of technology research and development has been completed overseas and will not be required. Component suppliers participate in more technology research and development. Previously, the relevant person in charge of Gasgoo.com also said in an interview with the media that according to statistics, more than 70% of projects are purely OEM and have no technical participation. The purchase volume of buyers is quite large. Some parts suppliers are already struggling to cope with production, and they have no time to take into consideration their own technological innovations.