· Jinhong shares a joint venture agreement with the Spanish component group

Jinhong shares JINHONG CORP (NEEQ: 831376) - Jilin Jinhong Auto Parts Co., Ltd. and Spanish auto parts manufacturer Segura Group signed a legal text of the joint venture agreement on October 21, 2016. Both parties will focus on global auto parts. In-depth and extensive cooperation in the business field, especially in the Chinese market!
Founded in 2005, Jinhong Co., Ltd. is a high-tech enterprise specializing in precision mold manufacturing, clamp inspection manufacturing, and auto parts production. It is a research and development, production and sales company. Headquarters Jilin Jinhong Auto Parts Co., Ltd. The company is located in Jilin, China. Jinhong has long been committed to becoming a global one-stop mechanical structural component solution provider in the fields of auto parts manufacturing, heavy industry equipment manufacturing, automation equipment, industrial electronics, medical equipment, etc. Successfully listed on the New Third Board in 2014, the stock code is NEEQ: 831376. Today, the company has 8 factories in Jilin, Liaoning, Shenyang, Chengdu and Dongguan, with more than 1,000 employees. It includes FAW-Volkswagen, FAW Group, FAW. Audi, FAW Toyota, GAC Group, Dongfeng Passenger Vehicle, Dongfeng Honda, BMW Brilliance, APAC and other well-known car manufacturers OEM and TIER 1 suppliers in automotive mold manufacturing, precision clamp inspection manufacturing, automotive body parts, chassis shock absorption Long-term stable cooperation in the fields of automotive interior and exterior trim, intake and exhaust system components.
GRUPO SEGURA, a Spanish auto parts manufacturer that signed the cooperation agreement, is a world-renowned auto parts manufacturer based in Valencia, Spain, mainly including JAGUAR LAND ROVER, VOLVO, MERCEDES BENZ, BMW, AUDI, BENTLEY. PORSCHE, FORD, MAZDA, PSA PEUGEOT CITROEN and other car manufacturers provide professional support services, such as automotive molds, automotive interiors, car seats, body parts, engine components, automotive exhaust systems and so on.
During the long-term in-depth research and development, mold manufacturing, product supporting production, experimental testing, and technological exploration and cooperation in the field of new materials and new processes, the two sides have established deep mutual trust and friendship. The joint venture agreement signed by the two parties will be The two sides' better development of the international and domestic auto parts manufacturing market has played a huge role in promoting! Quoted by Mr. Qu Jinliang, Chairman of Jinhong Shares: Cooperation and Win-Win, Opening a New Starting Point! We firmly believe that the cooperation between the two parties will be achieved in the future. A bigger achievement, a step up!

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