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Founded in May 2003, Yizheng
Automobile Industrial Park enjoys a planned area of 30 square
kilometers, the goal of which is to develop the park into
a new city area, modern and ecological, characteristic of
manufacturing automobiles as its core together with such comprehension
functions as production, research and development, logistics,
trade, residence and recreation.
YAIP can be divided into 5 districts including the automobile
manufacturing area, the auto spare parts and components. manufacturing
area,comprehensive service area, the living residential area
and the leisure activity area.
There are two whole car manufacturing plants here ----SAIC
Yizheng Automotive Co., Ltd and Yizheng Light-Vehicle Factory
of Shanghai Huizhong Automotive Manufacturing Co., Ltd. The
SAIC has regarded Yizheng as its third whole car manufacturing
base and independent intellectual property right production
base after Shanghai Volkswagen and Shanghai GM.
The Shanghai Automobile Co., Ltd. and the SAIC Motor Corp.
Ltd. plan to jointly establish the SAIC Luwei Motor Co., Ltd.
located at the SAIC Yizheng plant in Yizheng of Jiangsu Province
and Shanghai Automobile will invest cash, land, factories
and equipment at the current SAIC-Yizheng production facility
for a 40 percent equity of SAIC Luwei, which will produce
independently developed vehicles using technology purchased
from Rover and Saangyong and become a key production base
for SAIC's independent brands. The first independent model
will be introduced before 2007.

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