Throw 900 million yuan into the new energy vehicle founder Motor into the Universal product line

The founder motor (002196, close to 27.81 yuan), which has just reached a joint agreement with Guanqiu on new energy vehicles last month, has now announced a follow-up to the matter.　　December 25 announced that the company will invest an annual output of 300,000 sets of electric vehicle motor Drive project, the total investment reached 875 million yuan.　　Stimulated by this message, yesterday (December 27), Fangzheng motor "one" word trading. Nearly 900 million yuan into the new energy vehicle motor according to founder Motor issued by the announcement, the company will be in Lishui, Zhejiang construction of the project.　　The total investment of the project is 875 million yuan, of which 300 million yuan to apply for bank loans, the rest by the company self-financing solution. The project is carried out by founder Motor Electric Vehicle Motor Division, the construction period is two years, fully up to the postpartum will have 300,000 annual electric vehicle drive motor production capacity.　　The company expects that the new project will be put into full operation to increase the company 1.5 billion year sales revenue, bringing the total annual profit of 467 million yuan.　　Founder Motor has been stocked with the relevant samples, and in the third quarter of 2010 completed the manual samples, at this stage in the relevant technical testing and component supplier selection, procurement confirmation. In 2011, Fangzheng Motor will continue to carry out product testing and equipment procurement, the third quarter of next year to complete a production equipment installation and commissioning, and then entered the building.　　Some researchers say it is expected that investment projects should be put into production as soon as 2012.　　Future product supply million to the group yesterday Fangzheng Motor "one" word trading, some researchers pointed out that, in addition to the project itself, Fangzheng Motor future customers are also optimistic about the reasons for the funds, and standing behind the founder motor Support, is the Guanqiu in charge of the million to the group. Fangzheng motor with the million to the group has early contact.　　The company's second largest shareholder, 22.23% per cent of the Communications Venture Capital Co., Ltd., formerly known as Million Venture Capital Co., Ltd., its 73.62% stake in the "universal department" China Wanxiang Holdings Limited hands. Zhejiang Merchants Securities analyst Shi Sheng said in addition to Fangzheng motor, million to its other participating holding companies and no motor manufacturing enterprises, it is expected that the company will be in the Wanxiang Group of new Energy vehicle layout occupies an important position, the future is expected to the direction of the new Energy Vehicle Drive Motor commissioned to the company production.　　Shi Sheng is expected, the fastest 2012 years will be able to gradually contribute to the founder of the motor profits. From the current progress, Fangzheng motor products into the million new energy vehicle product line is very likely. November 8, 2010 founder Motor released with Universal Electric Vehicle Co., Ltd. (hereinafter referred to as the Universal Electric Vehicle) Cooperation bulletin, the latter is the million to the group's 15 main companies, its legal representative is Guanqiu chairman of the group board. According to the agreement between the two parties, Fangzheng motor will be in accordance with the requirements of universal electric vehicles for electric vehicle design, production, the two sides will establish a product supply chain relationship.