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Signing Ceremony Held for New Electric Wiper Project between Zhejiang Founder (Hubei) Auto Parts Co., Ltd. and Shishou Economic Development Zone Administrative Committee

14

2018.12

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On the afternoon of December 12, the signing ceremony for the new electric wiper project between Zhejiang Founder (Hubei) Auto Parts Co., Ltd. and Shishou Economic Development Zone Administrative Committee was held at the Municipal Conference Center.

Cai Junbiao, President of the Micro‑Motor Drive Business Unit of Zhejiang Founder Motor Co., Ltd., together with Shishou municipal officials Liu Zhongcheng and Yao Zhouan, attended the signing ceremony.

The implementation of this relocation project will help enhance the company’s core competitiveness and support its expansion and growth. It also marks a solid step forward for Founder toward large‑scale and specialized manufacturing of automotive components.

The automotive component electric wiper project is located in Jinping Industrial Park. The enterprise specializes in the production of automotive wipers, micro‑motors and other auto parts. Covering a land area of approximately 50 mu, the project requires a total investment of about 100 million yuan. Phase I will take one year for construction and is expected to be completed and put into production in 2019. Shishou Economic Development Zone will actively implement preferential policies for the electric wiper project to facilitate the smooth and rapid construction progress.

Signing Ceremony Held for New Electric Wiper Project between Zhejiang Founder (Hubei) Auto Parts Co., Ltd. and Shishou Economic Development Zone Administrative Committee