30-year series report of Tongxiang Economic and Technological Development Zone ㉔丨 Jiaxing Fengwo: the leader of domestic turbocharger independent brand

Today, let us walk into Jiaxing Fengwo Supercharging Technology Co., Ltd.

Jiaxing Fengwo Supercharging Technology Co., Ltd. is a wholly-owned subsidiary invested and constructed by Ningbo Fengwo Supercharging Technology Co., Ltd., mainly engaged in the processing and manufacturing of gasoline engine superchargers and other auto parts. After settling in the Tongxiang Economic Development Zone in 2017, in just a few years, Fengwo has grown into the leader of its own brand of turbochargers in China.

Capacity release

Ningbo Fengwo moved to Tongxiang

In 2010, Ningbo Fengwo Turbocharger System Co., Ltd. was established in Hangzhou Bay New District, Ningbo. The goal is to produce its own automotive turbocharger and break the foreign monopoly on this product. After more than two years of research and development, Fengwo turbocharger has successfully passed a series of strict tests and assessments. In the end, the Haima automobile engine project equipped with Fengwo turbocharger was successfully mass-produced, marking the first breakthrough of domestic independent brands in the field of gasoline turbocharging technology.

In the next few years, Ningbo Fengwo concentrated its efforts and made great achievements. Driven by the growing market demand and continuous upgrading of production capacity, the company's turbocharged products have been installed in the models of many car companies such as Geely Automobile, Zotye Automobile, Southeast Automobile, and Dongfeng Liuqi. At the same time, the domestic turbocharger market maintains an average annual growth rate of 15%. At this rate, the total annual demand for turbochargers in China will reach about 18 million units. Facing the market development trend, Ningbo Fengwo can no longer meet the company's future development needs, and needs to find more room for development.

After learning of the news, the investment recruiters of Tongxiang Economic Development Zone took the initiative to come to the door. Considering that Tongxiang is adjacent to Shanghai, the same city effect is obvious, the future development of the company is inseparable from the introduction of high-end talents, and the Tongxiang Economic Development Zone also has a supporting industrial chain for the automobile industry. After some weighing, in August 2017, Ningbo Fengwo established Jiaxing Fengwo Booster Technology Co., Ltd. in Tongxiang Economic Development Zone.

On April 15, 2019, the first supercharger of Jiaxing Fengwo Turbocharger Technology Co., Ltd. officially rolled off the production line, which is also the first supercharger in Tongxiang. This marks the successful commissioning of Jiaxing Fengwo's "new project with an annual output of 1.5 million turbochargers". The construction period of Jiaxing Fengwo is only 13 months from land acquisition to smooth production, which is a miracle for the company. Behind the miracle is the strong support of Tongxiang Economic Development Zone. At the beginning of the project, due to the tight supply of pipe piles, the project stagnated for a while. After understanding the situation, the leaders of Tongxiang Economic Development Zone went to the construction site to hold an on-site office coordination meeting to ensure the smooth progress of the project. After the civil works were completed, the Tongxiang Economic Development Zone organized a service team to carry out door-to-door agency services to help enterprises coordinate and solve various acceptance issues before the completion of the project. The nanny-style agency agency service greatly shortens the time for obtaining certificates in the construction of the enterprise project, and finally promotes the smooth operation of the enterprise.

Jiaxing Fengwo Turbocharger Technology Co., Ltd. has a new project with an annual output of 1.5 million turbochargers, with a total investment of about 1.07 billion yuan and a total area of ​​about 68 acres. It is committed to building an international leading intelligent chemical factory. An intelligent manufacturing base integrating gasoline engine turbocharger manufacturing center, management center and public power center. After the project is fully completed, it can reach an annual production capacity of 1.5 million turbochargers, with an estimated annual output value of 1.8 billion yuan.

Facing foreign technical barriers

Fengwo constantly achieves breakthroughs

Looking at the current automobile industry, new energy power has not yet been fully popularized, and traditional internal combustion engine models continue to grow. In the context of increasingly stringent fuel consumption and emission regulations, turbochargers that can significantly increase power, be more efficient, save fuel, and be more environmentally friendly are favored by car companies and consumers. But for a long time, self-owned brand turbocharger manufacturers have little market share in this field, and this huge domestic market is monopolized by foreign brands.

As an independent brand supplier focusing on turbocharging systems for passenger cars, Fengwo started its own business in 2010. The company has gathered a group of top turbocharging technology experts at home and abroad, and devotes itself to the research and development and meticulous manufacturing of high-efficiency exhaust gas turbochargers with international leading levels, and is committed to providing customers with high-quality products and system solutions. With the birth of the Fengwo brand turbocharger, the domestic turbocharger independent brand broke the monopoly of foreign companies and stood up the backbone of Chinese manufacturing.

In order to achieve high-quality products, Jiaxing Fengwo has a high starting point and high standards, and fully adopts the intelligent MES manufacturing system. The manufacture of each product of the company is traceable by QR code, which realizes the full control of the manufacturing process and further improves the product quality. At the same time, a large number of automated equipment is used, and the original manual cutting is replaced by robotic arm cutting to create a "smart life body" for the enterprise. With the application of intelligent equipment, Jiaxing Fengwo has changed "manufacturing" into "intelligent manufacturing", which has become the "golden key" to open the high-quality development of enterprises.

At present, Fengwo has established several gasoline engine turbocharging technology platforms to strengthen its advantages in technology development. At the same time, the test center with a total area of ​​1,600 square meters has the functions of turbocharger performance test, turbocharger durability test, engine durability test, engine performance test, etc., and also provides reliable support for the company's related technology research and development and supporting.

Jiaxing Fengwo provides turbocharging system products for Geely Automobile, Zotye Automobile, BYD Automobile, Haima Automobile, Southeast Automobile and many other car companies. In 2021, the company will achieve a sales revenue of 192 million yuan and a total profit of 26.8516 million yuan.

The gratifying performance has made Jiaxing Fengwo's demand for high-end R&D talents more intense. To this end, the Tongxiang Economic Development Zone took the initiative to become a matchmaker to introduce intelligence and build nests for enterprises, and help enterprises develop high-quality. At present, there are already many doctors or post-doctors who intend to sign contracts with enterprises.

Based on the main track

Actively expand new tracks

In 2018, after the completion of the Ningbo Fengwo turbocharger project with an annual output of 2 million units, its market share rose to the fourth place in the industry. Today, with the gradual release of Jiaxing Fengwo's production capacity, Fengwo's annual output will reach 3 million units in the future. Fengwo already has the "confidence to dare to challenge the world's giants", and has grown into a leader in the domestic automotive turbocharger industry. In the future, Jiaxing Fengwo will continue to lead the development of turbocharger technology and strive to become the leading enterprise of domestic turbocharger.

At the same time, Jiaxing Fengwo took the initiative to develop products in other fields and expand new tracks. For example, in the fields of civil ventilator turbo blower, new energy (extended range turbo), aircraft (drone) and other fields, the company has made great efforts to carry out research and development and design.

Looking back on the growth of Jiaxing Fengwo in the past few years, as a witness of the Jiaxing Fengwo project, Xu Minghao, the deputy general manager of the company, said with emotion that it was precisely because of the establishment of Jiaxing Fengwo in the Tongxiang Economic Development Zone that year that Fengwo Company has grown every year. The production capacity of 800,000 turbochargers was released. Jiaxing Fengwo is growing and continuing to write brilliantly in Tongxiang Economic Development Zone, a hot spot for investment and entrepreneurship.

Source: Zhejiang News Client