Automotive Parts Industry
Yuan Feng Ind. Co., Lt.
Ton Yang Group
   
Research and Development Services Industry
Protech Pharmaservice Corporation ( PPC)
Asia-Pacific Technology & Intellectual Property Services Inc.
NOVA Design
   
   
   
 

Because of the rapid development of the sales and AM markets in China , Yuan Feng, Toyota Tsusho and Chinese local businesses plan to establish Huatong Toyota in Chengdu . Therefore, Yuan Feng holds 15% of the stock rights of this company. Once the project is completed successfully, Yuan Feng's factory in China can quantify its production and then its productivity will surpass the mother factory in Taiwan . The Taiwan factory, though not increasing more assembly lines, will gradually transform to become a R&D and innovation-based headquarter in response to the government's policy.

 
   
 

Liu also pointed out that because most domestic automotive related businesses put their focus on the automobile market in Taiwan and the AM market abroad, Yuan Feng decided to invest NT$ 40 million in Deyuan Investment Management. Liu said that “The benchmarking objective of the next stage will be acquiring the technology and value of international automotive factories through the funds of Deyuan Investment Management combined with related industry network.” In addition, Yuan Feng can use this investment fund to expand related technology consultation networking, investment network and experiences. In doing so Yuan Feng can enhance its overall efficiency in investment and strengthen its partnerships with other businesses.

 
 


 

This year, Yuan Feng's assembly lines worked at full capacity and its annual turnover is expected to reach NT$ 3 billion. Because Yuan Feng purchased more finish lines, it will receive more orders of high value added aluminum wheels. Liu pointed out that Yuan Feng will fight for American and Australian major automotive factories' and the AM market's orders in order to disperse its markets and lower risks. Through cooperating with international big factories, Yuan Feng will keep learning from their management and knowledge to adapt itself to the specialized global market.

 
 


 

Now Yuan Feng has received orders from the U.S. and Australia General Motor and Ford. Similar optimistic situation is expected to be seen next year. Liu estimated that Yuan Feng's next year's turnover can reach NT$ 3.5 billion. With its teamwork and persistence, a more prosperous future of Yuan Feng is foreseeable.

 
   
 
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Endorsed by:Department of Industrial Technology  /  Executed by:China Productivity Center  Copyright © 2004