欧宝体育

1. Introduction to the Project

1.1 Project background

1.1.1 Product introduction

Automotive lamps are important components used in automobiles for lighting, transmitting signal and improving visibility, and they play a vital role in driving at night, in adverse weather conditions, and in a variety of traffic situations. According to the different light sources, automotive lamps can be divided into halogen lamps, xenon lamps, LED lamps and laser headlights.

1.1.2 Market prospect

(1) Automotive lamp industry

The entry of LED into the automotive lamp market began in 1986, the world's first LED brake lamp came out, and then LED successively entered the taillights, instrument lights, warning lights, daytime running lights, fog lights, turn signals, etc. In 2007, the world's first LED headlight was launched in Lexus LS600h, so far LED can be used on the whole automotive lamps.

China's automotive lamp industry has experienced rapid development in the past few decades, from relying on imports to technology introduction and independent research and development, and then to emerging in international competition, Chinese automotive lamp manufacturers not only meet the needs of the domestic market, but also gradually gain competitive advantages in the international market. As automotive technology continues to advance, the industry will continue to develop and adapt to new technologies and market trends.

In recent years, the global automotive market has developed rapidly, and as one of the important supporting facilities of the automotive industry, automotive lamps have also ushered in a golden period of development, with the market size of the global automotive lamp industry reaching 39 billion US dollars in 2023 and about 14 billion US dollars by the end of 2024, of which the Asia-Pacific region accounted for as much as 57.41%, North America accounted for about 16.77%, and Europe accounted for about 18.05%. From the perspective of the domestic market, China, as a major country in automobile production and sales, has also maintained a high growth rate in the consumption demand for automotive lamps, and has become the world's largest automotive lamp production and sales market. In 2022, China's automotive lamp assembly output reached 77.15 million sets, and the demand for automotive lamp assemblies reached 67.05 million sets. From the perspective of product prices, in recent years, China's automotive lamp products have generally shown a slow downward trend, and in 2022, the unit price of China's halogen lamp assembly dropped to 400 yuan/set, the unit price of xenon lamp assembly dropped to 970 yuan/set, the unit price of LED lamp assembly dropped to 1880 yuan/set, and the unit price of laser lamp assembly dropped to 3750 yuan/set.

(2) Prospect analysis of automotive lamp industry

At present, the competition pattern of China's lamp market is mainly divided into "two worlds, three camps". The "two worlds" refer to the mid-to-high-end automotive lamp market and the low-end automotive lamp market, and the "three camps" refer to foreign-funded automotive lamp enterprises, domestic-funded automotive lamp leading enterprises that have entered the supporting system of joint-venture automotive enterprises, and domestic-funded automotive lamp enterprises that support China’s independent brands of automobile manufacturers and maintenance markets. At present, the market share of private automotive lamp enterprises is continuously rising, and the proportion of state-owned and foreign-funded enterprises is decreasing. State-owned automotive lamp enterprises such as Beijing Automotive lamp Factory and Tianjin Automotive lamp Factory were restructured at the beginning of this century and have basically become joint ventures. With the advancement of state-owned enterprise reform and joint reorganization, state-owned automotive lamp enterprises will further withdraw. With the improvement of the quality and technical level of domestic automotive lamp enterprises, the relative advantages of foreign-funded automotive lamp enterprises have weakened, but these enterprises still occupy the high-end automotive lamp market, and the domestic automotive lamp enterprises with low cost, fast response and continuous improvement of research and development level are mainly active in the mid-to-low-end automotive lamp market. With the continuous improvement of the penetration rate of ambient lights, intelligent headlights, OLED taillights and laser headlights, the growth of the automotive lamp market scale in the future will be higher than the growth of automobile sales. China's automotive lamp market prospect is better, and the future development trend of China's automotive lamp industry will mainly focus on improving the technical level, enhancing safety, providing a higher level of intelligent solutions, and meeting user needs.

It is expected that by 2025, the market prospect and demand for the automotive lamp industry are very considerable, and its technological needs, quality needs, and price needs will be met, ensuring the future development of the automotive industry and its automotive lamp industry.

The project plans to adopt international advanced machining technology, and most of the process equipment can be purchased domestically. The infrastructure around the construction site is complete, the transportation is convenient, and the resource conditions required for production are relatively complete. The project has good market prospects.

1.1.3 Advantageous conditions of project construction

(1) Policy advantages

The Opinions of Jilin Provincial People's Government on the Implementation of the "Step up" Project of the Automotive industry Cluster proposes to take the Changchun automobile cluster as the lead, promote regional coordination and linkage, accelerate the coordinated development and comprehensive improvement of the "trinity" of vehicle, parts and aftermarket, to build a trillion-level, world-class automobile advanced manufacturing cluster, and to build a strong automobile province and a strong manufacturing province.

The New Energy Vehicle Industry Development Plan (2021-2035) points out that it is necessary to improve the public service capacity of the new energy vehicle industry, and to enhance the measurement, testing, performance evaluation and certification capabilities of the vehicle and key components. At the same time, it is necessary to improve the safety standards and regulations of new energy vehicles, parts, maintenance testing, charging and battery swap, and to strengthen the supervision and management of production safety and the safety recall management of new energy vehicles.

The Development Plan for the Automotive Industry points out to cultivate parts suppliers with international competitiveness and form a complete industrial system from parts to vehicle. By 2025, several top 10 automotive parts enterprise groups in the world will be set up.

(2) Industrial advantages

Jilin Province is a major province in China's automotive industry, and the core of its automotive industry is located in Changchun, the capital of the province, where FAW Group, the first vehicle manufacturer in New China, is located, and Volkswagen, Audi, Toyota, and other well-known automobile manufacturers have joint ventures with FAW Group here. At the time of profound changes in the global automotive industry, FAW Group and Changchun are accelerating the transformation, the construction of "Changchun International Automobile City" has become a consensus between the two, and the goal is to build a world-class automobile and parts research and development, manufacturing and after-market service base, and to create a trillion-level automotive industry.

(3) Location advantages

Nong'an County, located in the geometric center of Northeast Asia, is an important part of the pilot area for the development and opening up of Northeast Changchun and the inland port of Changjitu National Strategy. The county is 60 kilometers away from the provincial capital Changchun City, within the half-hour economic circle of Changchun City, 90 kilometers away from Changchun Longjia International Airport, 700 kilometers away from Dalian Port, and only 20 kilometers away from the multi-functional inland port (Changchun Xinglong Comprehensive Bonded Zone) in the southern economic growth pole. The Changbai Railway, Changbai Highway and G12 Expressway run through the north and south of the region, with developed transportation.

(4) Talent advantages

Nong'an County has various levels and types of vocational and technical schools, as well as labor skills training bases, such as Nong'an County Vocational Education Center, Nong'an County Yude Vocational Training School, Nong'an County Lingxiang Vocational Training School, Agricultural Mechanization School, etc. Every year, a large number of vocational and technical talents are trained, and there is a large reserve of manufacturing technical talents, providing a good human resources guarantee for enterprises investing in the park.

1.2 Contents and scale of project construction

According to the market demand, the situation of the plant and supporting funds, the construction scale of the project is determined as an annual output of 1 million sets of automotive lamps, and the product types include halogen lamps, LED lamps, high-brightness xenon lamps, and laser headlight.

The project covers an area of 31000 square meters, including a net land area of 23000 square meters and a construction area of 30000 square meters. Product production workshops, comprehensive warehouses, comprehensive office buildings, fire water reservoirs and other supporting facilities are mainly built.

1.3. Total investment of the project and capital raising

The total investment of the project is 100 million yuan, including the construction investment of 70 million yuan.

1.4 Financial analysis and social evaluation

1.4.1 Main financial indexes

After the project reaches the production capacity, its annual sales income will be 61.4 million yuan, its profit will be 20.25 million yuan, its investment payback period will be 6.9 years (after the tax, including the construction period of 2 years) and its investment profit rate will be 19.7%.

Note: “10 thousand yuan” in the table is in RMB.

1.4.2 Social evaluation

Automotive lamps have significant social benefits in improving night driving safety, enhancing driving experience, promoting the development of automotive intelligence, promoting technological innovation and industrial upgrading as well as energy conservation and environmental protection.

1.5 Cooperative way

Sole proprietorship, joint venture or cooperation.

1.6 What to be invested by the foreign party

Funds and other ways can be interviewed.

1.7 Construction site of the project

Changchun Nong’an Economic Development Zone

1.8 Progress of the project

The project proposal has been prepared

2. Introduction to the Partner

2.1 Basic information of the unit

Contact unit: Nong'an County Economic Cooperation Promotion Center

Contact address: Xinghua Road, Nong'an Town, Nong'an County, Jilin Province

2.2 Unit Overview

Nong’an County is located in the hinterland of Songliao Plain in the middle of Jilin Province. It covers an area of 5400 square kilometers, has jurisdiction over 22 townships, 4 subdistricts and 377 villages, with a total population of 1.2 million. It is the county with the largest cultivated land area and the largest population in Jilin Province. The county seat is 60 kilometers away from Changchun City, within the half-hour economic circle of Changchun, 110 kilometers away from Changchun Longjia Airport, and 700 kilometers away from Dalian Port; Changbai Railway, G12 Expressway, C334 National Highway and G302 National Highway in the region run from north to south. Kaixuan Road and Qingnian Road, two main roads in Changchun, have extended to Nong'an, forming a strategic opening up pattern based on Changchun, connecting the surrounding areas and connecting with the northeast. Nong'an County took the lead in establishing a national health county in Changchun, and is a pilot county for the province to expand its power and strengthen the county. It has successively won the honors of National Top 100 Counties with Investment Potential, China's Most Valuable County for Investment and Business, National Model County for Social Governance Innovation, and China's Top 100 Counties and Cities with the Most Sense of Security.

2.3 Contact method

Contact unit: Nong'an County Economic Cooperation Promotion Center

Tel: +86-431-89936018

Contact method of the city (prefecture) where the project is located:

Contact unit: Changchun Cooperation and Exchange Office

Contact person: Zhang Junjie

Tel: +86-15704317930

Fax: +86-431-82700590

E-mail: xmc82763933@163.com