On August 24, 2012, the signing ceremony of the Dongfeng Cummins Emissions Treatment System joint venture project was held in Wuhan, marking the cooperation between Dongfeng and Cummins has entered a new period of development. The site of the project is located in Maojian District, Shiyan City. The initial investment is 150 million yuan. It is planned to be put into production in March of next year. It is designed to produce 180,000 sets of various types of emission treatment system devices annually. It will supply all models of Dongfeng Cummins and Dongfeng Commercial Vehicles 4H and dCi11. X7 engine and other models. This project is an important embodiment of Dongfeng Cummins fulfilling its social responsibilities, and it is also a strategic move to adapt Dongfeng Commercial Vehicles to the National IV and the National 5th emission standards.
Mr. Ma Liangjie, Standing Committee of the Party Committee and Secretary of the Disciplinary Committee of the Company, He Wei, Minister of the Company's Personnel (Headquarters) Department, Chen Wei, Minister of the Party Committee's Work Department, Zhang Changdong, Deputy Secretary of the Disciplinary Committee, Hu Xindong, Head of the Legal and Securities Department and Capital Operation Department, and Hou Yuming, Minister of the Ministry of Science and Technology Development, Minister of Auditing Kang Li, Minister of Organizational Information Lu Chuanwen, Huang Gang, General Manager of Dongfeng Commercial Vehicle Company, Luo Yuanhong, General Manager of Party Committee of Dongfeng Industry Co., Ltd., Cao Side, Liu Xiaoxing, Vice President of Cummins (China) Investment Co., Ltd., Deputy Mayor of Shiyan City Liu Xuehua and others attended the signing ceremony. Luo Yuanhong and Cao Side signed Dongfeng Cummins Emissions Treatment System Co., Ltd. joint venture contract.
Ma Liangjie pointed out that the joint venture and cooperation between Dongfeng Industrial and Cummins on the emission treatment system project signified that Dongfeng and Cummins' cooperation has entered a new period of development. It is hoped that Dongfeng Industry Co., Ltd. will seize the opportunity of cooperation development between the two sides, accelerate the introduction of technology, promote the transformation and upgrading of enterprises, and provide new product support for the implementation of the global development strategy of Dongfeng Commercial Vehicles; hope that Dongfeng Commercial Vehicle Company will continue to deepen its large-scale collaborative strategy and support and guide joint ventures. The development of the project will accelerate the establishment of a "green supply chain" system and create a strategic supplier platform with global competitiveness.
Cao Side said that Dongfeng Cummins Emissions Treatment System Co., Ltd. will become the fifth joint venture between Cummins and Dongfeng, which is an important milestone in the cooperation between Dongfeng and Cummins. It is believed that Dongfeng Cummins Emissions Treatment System Co., Ltd., with the full support of Dongfeng and Shiyan City leaders, will provide cleaner emission treatment system products for the majority of automotive users with a more cost-effective comprehensive advantage.
Luo Yuanhong said in his speech that the joint venture project of Dongfeng Cummins Emissions Processing System is a major strategic project that will be applied to Dongfeng Commercial Vehicle's Fourth and Fifth National Products to meet the requirements of national policies and regulations, energy conservation and emission reduction, and to adapt Dongfeng Commercial Vehicles to enter overseas markets. Since the project was established, it has received strong support from Dongfeng Corporation's headquarters and Dongfeng Commercial Vehicle Company. After a year of friendly negotiation, the project has been finalized according to the principles of lean, efficient, and win-win investment.
Huang Gang stated that as an important affiliate of Dongfeng and Cummins, Dongfeng Commercial Vehicle Company will continue to support the progress of the Dongfeng Cummins Emissions Processing System project and continue to inherit the spirit of cooperation between Dongfeng and Cummins, following the internationalization process of Dongfeng Brand, gradually Expand the scope of joint venture and cooperation with Cummins.
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