It is reported that Chengdu Longxin Automobile Manufacturing Co., Ltd. plans to invest a rolling investment of RMB 1 billion in the next three years to develop and produce all types of medium and low-grade passenger and passenger car chassis in the range of 6 to 12 meters. From 2004 to 2006, it plans to produce and sell 1,000, 3,000 and 6,000 vehicles a year, respectively, to achieve its “triple jump†in the automotive industry.
It is reported that a Longxin Auto Industrial Park, which covers an area of ​​500 acres and is designed to produce 6,000 buses per year and 120,000 chassis, has been delineated in Wenjiang District of Chengdu. At present, the first phase of the project has been basically completed.