Recently, Guangzhou Honda Automobile Co., Ltd. has officially adopted a 1,600-ton large-scale stamping production line supplied by Jinan No. 2 Machine Tool Plant. This marks a significant milestone, as it is the first time that a subsidiary of Honda has chosen a stamping system manufactured by a non-Japanese company on a global scale. The move reflects growing confidence in Chinese manufacturing capabilities and signals a shift in long-standing procurement practices.
According to insiders familiar with the situation, multinational joint ventures that dominate the Chinese automotive market have traditionally relied on their own proprietary equipment. This trend is especially prominent among Japanese and Korean automakers, who have historically maintained strict control over their supply chains. However, this practice is not unique to China — similar patterns have been observed in Japanese auto production facilities across other countries as well.
Nevertheless, this trend is gradually evolving. As Chinese auto equipment manufacturers continue to enhance their technological expertise and improve their marketing strategies, more international automakers are beginning to take notice. Jinan No. 2 Machine Tool Plant, which holds a dominant 70% share of the national market, has already gained access to most foreign joint ventures in China, with the exception of those involving Sino-Korean partnerships. This development highlights the increasing competitiveness of Chinese firms in the global automotive industry and paves the way for more collaborative and diversified supply chains in the future.
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