On March 23, the commencement of Baoneng New Energy Automobile Production Base in Xixian New Area and the unveiling ceremony of Baoneng Automobile Innovation Research Institute were held in Qinhan New City, Xixian New Area, Shaanxi Province. The total investment of the project is about 40 billion yuan, and the planned capacity is 1 million units (including 0.5 million units in Phase I) of new energy vehicles and supporting projects. The output value of vehicle and parts manufacturing will exceed 100 billion yuan. This is a major layout of Baoneng in the new energy automobile industry, and a 100 billion level industrial project constructed in Xixian New Area.

Hu Heping (Party Secretary of the province), Liu Guozhong (Deputy Party Secretary and Governor of the province), Yao Zhenhua (Chairman of Baoneng Group), Liang Gui (Standing Member and Executive Deputy Governor of the province), Wang Yongkang (Standing Member of the Provincial Party Committee and Secretary of the Xi'an Municipal Party Committee), Qian Yin'an (Standing Member and Secretary of the Provincial Party Committee), Ji Qing (Mayor of Xi'an), Yue Huafeng (Chairman of the Xi'an Municipal CPPCC and Secretary of the Xixian New Area Party Working Committee), Zou Mingwu and Chen Lin (Senior Vice-President of Baoneng Group) attended the activity. The activity was presided over by Kang Jun, director of Xixian New Area Management Committee.

Secretary Hu Heping Announces Commencement of Baoneng New Energy Automobile Production Base

Governor Liu Guozhong and Chairman Yao Zhenhua jointly unveil Baoneng Automotive Innovation Research Institute

Site Guests Lay Foundation for Baoneng New Energy Automobile Production Base

Chairman Yao Zhenhua

The real economy is the foundation of a country. Baoneng deepens the real economy, formulates the development strategy of "manufacturing Baoneng, science and technology Baoneng and livelihood Baoneng", and takes the new energy automobile as the core industry for strategic implementation. The commencement of Baoneng's new energy automobile production base in Xixian New Area is an important part of Baoneng's industrial development project in Shaanxi. It is expected that the establishment of Baoneng New Energy Automobile Base and Auto Innovation Research Institute will promote Xixian New Area and even Xi'an to become an important new energy automobile manufacturing base and auto technology innovation center, and help Shaanxi Province develop in the manufacturing field.

Chairman Yue Huafeng

The commencement of the Project marks an important achievement of comprehensive strategic cooperation between Xixian New Area and Baoneng Group, fully embodying Mr. Yao Zhenhua's foresight and working spirit, and also showing Baoneng Group's recognition and trust in the development prospect and investment environment of Xixian New Area. Xixian New Area will coordinate and cooperate, accelerate the construction of supporting facilities, provide five-star "shop assistants" services, and promote the project to speed up the construction, complete and put into production as soon as possible. Create a new chapter of catch-up and surpassing development for the whole province, inject more west-astrength and make greater west-acontributions!

Baoneng joins hands with Xixian New Area to create an intelligent manufacturing plant

Baoneng New Energy Automobile Production Base in Xixian New Area will conduct intelligent R&D and manufacturing of complete vehicles and core parts. The construction includes four process workshops of stamping, welding, painting and general assembly, new energy EIC process workshop, core parts production workshop, etc. Meanwhile, the parts industry park is constructed to realize multi-model co-production. Recyclable energy-saving materials shall be adopted, and new technologies, materials and processes shall be actively promoted to create high-quality automobile products. It is expected to drive employment of 35000 people in the whole industry chain and boost the development of regional auto sales, auto finance, auto aftermarket and other supporting services after the project is fully completed.

Baoneng Automotive Innovation Research Institute is positioned as Baoneng Automotive North R&D Headquarters, with R&D of new energy vehicles as the core and focusing on vehicle, EIC system and other directions to carry out industrial technology application research and integration. It has 8 research centers, including prospective technology research center, vehicle development center, power system development center, process engineering development center, trial production test center, comprehensive management center, technical management center and project management center. We will give full play to the talent advantages of local colleges and universities in Xi'an, introduce domestic and foreign elites, focus on breaking through the key technologies of new energy vehicles, form advanced R&D processes and systems, accelerate the industrialization of scientific research results, and create a new energy vehicle innovation technology R&D highland.

The commencement and construction of Baoneng New Energy Automobile Production Base and Baoneng Automobile Innovation Research Institute in Xixian New Area will help Shaanxi Province to create a 3 million automobile pillar industry, promote Xi'an to become a national important automobile technology innovation center and create a new energy automobile capital.

NEV practices the strategy of "manufacturing, technology and livelihood"

Established in Shenzhen Special Economic Zone in 1992, Baoneng Group has developed into a modern enterprise group covering seven core sectors including modern logistics, manufacturing, property development, comprehensive finance, cultural tourism, aviation business and livelihood services for 26 years. Baoergy Group always adheres to the enterprise mission of "developing industry and giving back to the society", actively responds to the national call, actively serves the strategic guidance of building a modern economic system, firmly implements the enterprise development strategy of "manufacturing Baoergy, science and technology Baoergy and people's livelihood Baoergy". It is the 40th anniversary of reform and opening up. It is a practical measure to firmly promote the development strategy by taking the new energy automobile industry as the core industry.

The new-energy automobile industry is an important way to solve the traveling and livelihood demands. Baoneng Group has been accelerating the pace of layout in the automobile industry in the near future. Baoneng Strategic Investment in Chinese Local Automobile Brand-Guangzhou Automobile. Guanzhi has an independent and complete design, R&D, production platform and international team, with a global safety and quality control system and product quality. In addition, Baoneng Group has already made comprehensive layout in automobile transmission, automobile battery manufacturing, automobile accessories such as automobile glass, automobile insurance, automobile leasing and supporting services. Baoneng's modern logistics business facilitates auto warehousing, auto transportation and trading; The comprehensive property distributed in more than 30 key cities in China can effectively cooperate with automobile dealer network and new energy automobile charging network.

Xixian New Area Create 100 Billion Level Advanced Manufacturing Industry Cluster

Shaanxi Provincial Party Committee and People's Government attach great importance to the development of the automobile industry, and put forward the strategic objective of building the automobile industry into one of the six new pillar industries in the whole province, and building Shaanxi Province into an important new energy automobile industry base in China. Xi'an also introduced policies and measures to actively promote the accelerated growth of the automobile industry cluster. The commencement and construction of Baoneng New Energy Automobile Industrial Base has become the milestone of industrial development of Xixian New Area, playing a great role in improving the industrial structure of Xixian New Area and even Shaanxi, accelerating the regional industrial upgrading, and will become a strong support for Xi'an to build the "bridgehead" of the Silk Road Economic Belt.

Xixian New Area is a new area with the theme of innovative urban development mode approved by the State Council. Focusing on the goal of building a new center of modern Xi'an, the New District always puts industrial development in an important position, takes investment promotion as "No. 1 Project", puts forward the goal of building six 100 billion level leading industrial clusters of manufacturing, electronic information, aviation services, scientific and technological research and development, cultural tourism and headquarters economy, constantly optimizes the investment development environment, and takes "environment" as the "life" for the development of Xixian New District, which is becoming the focus of provincial investment and the new economic growth pole. The commencement and construction of Baoneng New Energy Automobile Project will definitely help Xixian New Area further accelerate the development of new economy, display new image and create new highland, and play an important role in building Xi'an into a national center city and accelerating the development of "three economies" and accelerating the catch up and transcendence of the whole province.

Qinhan New City in Xixian New Area is located in the geometric center of Xixian New Area, which is the core area of the new modernization center of Xi'an in the future. After several years of efforts, the scale effect of the industrial economy system with emerging industries as the pillar appears. Qinhan New City focuses on creating a good atmosphere of "close to business and respecting business" and "excellent business and safe business", creating a "baby-caring" investment service environment. From the cooperation agreement between Baoneng Group and Xixian New Area in July 2017 to the commencement of the project in March 2018, Yang Zhanwen, Party Secretary and Director of the Management Committee of Qinhan New City, has led several times to communicate with Baoneng Group and promote the project cooperation in good faith. Through repeated field investigation and demonstration by both parties, Baoneng Group has determined to build the automobile industrialization project by integrating its own development concept and the industrial advantages of Xixian New Area Qinhan New City.