In recent years, the company has been primarily focused on the design and manufacturing of automotive body parts and molds for Tongxin-branded passenger cars. With a strong production capacity, it can produce over 1,000 buses and more than 200,000 sets of various types of body cabs annually. The company generates an annual sales revenue of approximately RMB 810 million. Hunan Tongxin Industry, one of the leading players in China's auto body manufacturing sector, has reported profits and taxes amounting to 60 million yuan. Recently, the company officially started the construction of a concentric industrial supporting park, which is expected to become the largest auto parts production base in the country by 2008.
Mr. Zhang Duanxiang, Chairman of Tongxin Company, emphasized that the development of the industrial park represents a new platform for the company to foster industry growth, enhance technological innovation, and strengthen its competitive edge. Once completed, the park will serve as a hub for vehicle and auto parts manufacturers in Changsha, offering not only support services but also extending its influence to neighboring provinces and even across the entire nation.
Over the past 21 years, Tongxin has built a solid reputation through the use of advanced technology and high-tech methods. Supported by a reliable quality assurance system and a strong service guarantee framework, the "Concentric" brand has become a nationally recognized name. Its products are widely used by 117 domestic automobile manufacturers with strong market presence. Since 2003, Tongxin has expanded its reach by exporting to Southeast Asia and South Africa, and has even established factories in Vietnam. This marks Tongxin as the first automobile manufacturer in Hunan Province to set up operations abroad, showcasing its growing international influence.
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