As a "Chinese car capital," Wuhan's special-purpose automobile manufacturing is "legs." July 24, 2011 was informed that Shandong Shantui Machinery Co., Ltd. recently signed a contract with Wuhan Hanfu Special Purpose Vehicle Co., Ltd. to join hands to build a domestic leading production base for environmental sanitation vehicles.
Shantui Machinery, a subsidiary of Shandong Heavy Industry Group, is a well-known leading enterprise in the domestic large-scale construction machinery equipment manufacturing industry. The Hanfu Motors Co., Ltd. is mainly engaged in the production of 118 types of environmental sanitation mechanical vehicles such as sprinklers, washing vehicles and garbage trucks. The annual production value is nearly 200 million yuan. The products are exported to Southeast Asia and have been rated as the famous trademark of Hubei Province.
It is reported that Shantui Machinery Co., Ltd. purchases Hanfu Automobile shares and establishes a joint venture company. It invests about 900 million yuan to expand its production scale. The annual production capacity of special vehicles will reach 10,000 units in 5 years and the output value will reach 500 million yuan. It will strive to enter the top three in the country.
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