Recently, BYD announced the acquisition of a large-scale mold manufacturing company in Japan, a factory owned by Japan's Ebara, and the two parties have signed a contract. Experts believe that BYD's acquisition is an attempt by Chinese auto companies to enter the field of auto parts manufacturing. The China News Service quoted the Beijing Times on April 2nd as saying that BYD confirmed on April 1 that it had acquired a large auto mold factory under the Japanese company, and the details of the purchase amount will be announced after the Ching Ming Festival.
BYD's acquisition is one of the four factories of Sugawara in Japan, called "Kunlin Factory", which mainly produces molds for steel plates, such as hoods. According to the agreement between the two parties, from April 1st, BYD has begun to receive the land, plant and equipment of the plant and about 80 employees.
According to the information, the Tatebay Factory is located in the suburbs of Tokyo, and Toyota, Honda and GM are all suppliers. Headquartered in Gunma, Japan, Ebara is one of the world's largest independent automotive mold manufacturers. In addition to Japan, the company also opens factories in the United States, the United Kingdom, Thailand, Mexico and China.
It is understood that BYD will temporarily expand its production capacity in a small amount, but will move its production line to Beijing Mould Factory. BYD insiders said that the company will send its employees at the Beijing Mould Factory to the Pavilion Forest Factory.
BYD is a heterogeneous company in the automotive industry. The trend in the automotive industry was specialized, and various companies have divested parts and components. However, BYD has done the opposite and continues to acquire parts and components such as molds. BYD President Wang Chuanfu explained that controlling suppliers is beneficial to BYD's overall cost reduction.
According to a report by the Guangzhou Daily on April 12, BYD recently announced the acquisition of a factory owned by Japan’s large mold manufacturer, Japan’s Ebara. The two parties have signed a contract, and on April 1st, the land, plant, equipment and the transfer of about 80 employees were carried out. The specific purchase amount was not disclosed.
BYD's acquisition is the Pavilion plant of Sugawara. It mainly produces molds for steel plates, such as hoods. Sugawara, which has a history of nearly 60 years, has five factories in Japan including the Tatebayashi Plant, and also has factories in the United States, the United Kingdom, Thailand, and China, supplying international automotive giants such as GM.
BYD aims to improve its mold technology through acquisition, and the principle is to reduce excess production capacity to improve revenue. According to relevant sources, after the completion of the acquisition, BYD will ship the doors and other molds produced by the Pavilion Forest Factory to China for automobile production. The relevant person in charge of BYD said that it hopes to apply the advanced technology of the original car body molding to the domestic automobile production through the acquisition, further improve its technical level and improve the industrial chain.
Experts believe that BYD's acquisition is an attempt by Chinese auto companies to enter the field of auto parts manufacturing. Chinese manufacturers are actively pursuing acquisitions against companies in developed countries such as Japan with advanced technology and brand. It is expected that the offensive will be even more in the future. violent.
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