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Recently, HEDA signed with Zhejiang Young Man Neoplan Automobile Group Co., Ltd on passenger vehicle, commercial vehicle and auto parts projects.
China Youngman Automotive Corp. Ltd is a comprehensive automotive industry group, with 3 subsidiaries that is Commercial Vehicle Co., Ltd, Passenger Car Co., Ltd and Auto Parts Co., Ltd, integrated with manufacturing and selling NEOPLN coach, heavy truck of MAN, Lotus car and components. The project covers 900 acres, and will be able to produce 2000 passenger cars, 150,000 commercial vehicles and auto parts including car bridge, inner decorated components, air-conditioner each year, after its completion. It is to be completed and put into operation at the end of 2009, and then, the annual sales amount will reach 15 billion Yuan.
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