SAIC Fiat Red Rock Powertrain Production Base officially launched

Mr. Shen Hui, President of FPT Fiat Power Technology China

SFH SAIC Fiat Red Rock Powertrain Co., Ltd. production base officially launched

Speech by Ms. Tong Xiaoping, Vice Mayor of Chongqing City

The production base of SAIC Fiat Red Rock Powertrain Co., Ltd. (SFH), located in the Jiangbei Development Zone in Chongqing, China, was officially launched today and provides top-notch diesel engine products and "green" power solutions for domestic and foreign customers. SAIC Fiat Hongyan Powertrain Co., Ltd. (SFH) was established in June 2007 by three parties: SAIC Iveco Commercial Vehicle Investment Co., Ltd. (SI), Fiat Power Technology (FPT), and Chongqing Heavy Vehicle Group Co., Ltd. (CHVG). With the joint investment and construction, the completion of its new production base announced that a joint venture company with international cutting-edge powertrain R&D application and manufacturing technology has formally moved from behind the scenes to the stage and has grown to become one of the largest diesel engine manufacturers in China, based in China. The local market brings the "core" value of condensing Chinese and Italian wisdom to customers and industry.

At the grand opening ceremony, Vice Mayor of Chongqing Tong Xiaoping, Vice Chairman of Chongqing Municipal CPPCC, Director of Administrative Committee of Northern New Area Wu Jianong, Chairman of Fiat Group China, Meng Feijun, President of FPT Fiat Power Technology China, Shen Hui, SAIC Group Vice President and General Manager of the Commercial Vehicles Division Xiao Guopu, Party Secretary of Chongqing Heavy-duty Truck Group Co., Ltd., and Chairman Ren Yong attended the event and delivered warm speeches. Over 100 guests from the government, corporate clients and media witnessed the event. Another landmark moment in the development process of Chongqing automobile manufacturing base.

High starting point, bright products highlight top technology and environmental protection concepts

SFH's new production base and office building is located in Block B07 of Huangmaoping, an open economy demonstration area in the north of Chongqing. It covers an area of ​​approximately 270,000 square meters and has a highly automated product assembly line and machining production line. Perfect logistics supporting system.

As a proponent of China's high-tech and low-emission diesel engines, SFH will rely on FPT Fiat Power Technology's reputation in the field of global powertrain R&D and technical support, and will gradually introduce FPT’s several star medium- and heavy-duty diesel engines and environmentally friendly compressed natural gas products. Covers C, N, F and other major series.

At present, SFH has achieved mass production of Cursor 9, the first star diesel engine to satisfy road vehicles and industrial applications. Absorbing FPT Cursor's eight years of manufacturing experience, this product integrates four of Europe's top advanced system technologies into a single body, leading the industry in terms of power, economy, environmental friendliness, reliability, etc.: FPT is leading the world in oil supply systems. Common-rail electronically controlled fuel injection technology; the intake system adopts turbocharged intercooling technology, which greatly increases the air intake density and pressure, reduces the intake air temperature, and selects the VGT, WG, and the engine according to the operating conditions of the engine. Fixed three different turbocharging methods to make combustion more complete; tail gas treatment using selective catalytic reduction tail gas treatment technology, excellent environmental performance, can reduce nitrogen oxide emissions by more than 80%; in the brake, equipped with FPT-specific The brake device greatly shortens the braking time and improves the braking stability, which effectively solves the problem of engine abnormal noise that often occurs during the deceleration of medium and heavy commercial vehicles.

Innovative ideas, impetus to promote regional economic and industrial development

Tong Xiaoping, vice mayor of Chongqing, explained in his speech at the ribbon-cutting ceremony Chongqing's desire to create an economic leader in the hinterland of southwest China, pointing out the importance of the automobile industry as the first pillar industry in Chongqing, and responding to the global financial crisis and increasing With fierce market competition, the innovative research and development capabilities of the auto industry, especially auto parts and components, are crucial. She expressed her warm congratulations on the completion and production of SFH, and fully affirmed the important role of SFH in local economic development and the enhancement of the core competitiveness of the automobile industry. He believed that "SFH has brought Chongqing's top diesel engine R&D and production to the world's leading technology ranks."

Wu Jianong, vice chairman of the Chongqing Municipal CPPCC, pointed out the construction of China's inland open economy demonstration area in the northern New District, forming the ambitious goals of high-tech industrial R&D, manufacturing, and gathering of modern service industries, and described the future prospects of the auto industry. The full launch of the SFH production base and business "is an important moment in the development of the automotive industry in the Northern New Area. It can also be regarded as a microcosm of the continuous development of the entire Northern New Area, and also fully demonstrates the broad prospects for the development of the automotive industry in the Northern New Area."

Xiao Guopu, vice president of the SAIC Group and general manager of the Commercial Vehicle Division, is confident in the official launch of the SFH and its future development prospects. He believes that SFH represents a win-win cooperation. It has not only become an industrial highland in the local area, but also leads an area in the core technology and key areas of the automobile to go further and more internationally. It is also a combination of domestic and foreign joint ventures' respective advantageous resources. Relying on SAIC's strong domestic strength and compatible industrial effects, SFH will become a model for domestic powertrain.

Mr. Alfredo Altavilla, the global CEO of FPT Fiat Power Technology and the Vice President of Fiat Group Automobile Company, sent a congratulatory message. He said that Fiat Group and FPT will, as always, give strategic importance and long-term commitment to the Chinese market and share in the new business. In the environment, we have a continuously competitive powertrain technology, platform resources, and century-old automotive manufacturing experience. The goal is to achieve win-win situation and development together with the Chinese market.

China's core, future SFH innovation leads China

Recalling the development history of SFH, in the time when the company was formally established in less than two years, especially since the end of the global financial turmoil in late 2008, it has achieved many phased results in the retrograde market:

On November 25, 2008, SFH and FPT Fiat Power Technologies unveiled the 2008 China International Construction Machinery, Building Materials Machinery and Engineering Vehicles and Equipment Expo (BAUMA CHINA 2008), which initially demonstrated its own leading technology application and excellent product performance.

In March 2009, SFH's first star engine, the Cursor 9, was launched on the market with SAIC Iveco Commercial Vehicle Co., Ltd. “JIE SHI” heavy trucks, which marked the official launch of the first SFH “China Made” engine and service to users.

On April 8th, 2009, at the 2009 World Bus Expo Asia Exhibition, FPT Fiat Power Technology took SFH to provide four star engine products for the domestic passenger car industry, and practiced “Chinese and Italian wisdom” with technology leadership, global support and perseverance. The "Power China" commitment has injected a strong impetus for the development of the Chinese bus industry in 2009.

From April 20th to 28th, 2009, SFH, under the leadership of its shareholder SAIC Group, shined the top exhibition of the domestic auto industry - the Shanghai International Auto Show. At this exhibition, SFH struck out with the strengths of three star engines: Cursor 9, NEF 6, and F1C.

On May 12, 2009, under the coordinated and coordinated deployment of the Chongqing Municipal Government, the three key companies from Chongqing's bus industry chain - Chongqing Bus Group, Chongqing Hengtong Bus Co., Ltd. and SAIC Fiat Powertrain Co. The strategic cooperation between the development of energy-saving and new energy passenger car products reached an agreement, and Chongqing will take the lead in responding to the national automobile industry policy, promoting the cultivation of new energy vehicle market, and accelerating the innovation and development of urban green public transport.

On May 22nd, 2009, SAIC Fiat Hongyan Powertrain Co., Ltd.'s Chongqing production base was formally launched, opening a new chapter in the practice of “China's core SFH innovation leading the way in China”.

About SAIC Fiat Hongyan Powertrain Co., Ltd. (SFH)

SAIC Fiat Hongyan Powertrain Co., Ltd. (SFH) was established in June 2007 by three parties: SAIC Iveco Commercial Vehicle Investment Co., Ltd. (SI), Fiat Power Technology (FPT), and Chongqing Heavy Vehicle Group Co., Ltd. (CHVG). Co-invested and constructed. It is one of the largest diesel engine manufacturers in China, and also a proponent of high-tech, low-emission diesel engines in China.

The company is located in the B07 block of Huangmaoping, Chongqing Economic Development Zone, a developed southwestern municipality directly under the jurisdiction of the automobile and its supporting industries. It covers an area of ​​approximately 270,000 square meters and has a highly automated product assembly line and machining production line. Logistics supporting system. Modern production lines, office living facilities and humanized management models have laid a solid foundation for the development of SFH. The company plans to have an annual production capacity of 200,000 sets of diesel engine assemblies (of which 100,000 are for export).

The company's current product lines mainly include: CURSOR, NEF, F1C three series, product coverage power from 65KW to 294KW, maximum torque from 300Nm to 1600Nm each series, can meet the heavy, medium and light commercial vehicles, construction machinery, Power requirements for agricultural machinery, ships and generator sets.

The company's long-term vision: market-oriented, integrating global advantageous resources, bringing SFH employees together to achieve lean production with high efficiency, providing high-performance, superior quality and perfect service powertrain products to the company, making the company become globally competitive China's diesel engine company.

About FPT Fiat Power Technology

Fiat Power Technology (FPT) was founded in March 2005 and is a subsidiary of the Fiat Group's franchised powertrain. It integrates the power systems of the following companies:

- Fiat Group Motors (Fiat Power)

- Iveco (Iveco Engine)

- Fiat Research Center and Elasis

FPT Fiat Power Technology is a global automotive powertrain leader with an annual output of 3.1 million engines and 2.5 million sets of transmissions and axles. The company has 16 factories and 11 R&D centers in 9 countries and employs 20,000 people. The network of dealers and service centers allows our brands and products to reach more than 100 countries.

The company is committed to innovative technology research and development of about 3,000 technical elite.

The huge investment in quality and reliability has enabled the company to register more than 40 patents each year.

FPT Fiat Power Technologies has a wide range of products and technologies that can meet almost all customer requirements in terms of powertrain and ensure high performance, high reliability and high efficiency. Includes engines from 20 to 1020 hp, displacements from 1,000 to 20,100 ml, and transmissions from 145 to 950 Nm. These products are mainly used in motor vehicles (cars, commercial vehicles, trucks, buses, special vehicles), industrial (construction equipment, agricultural machinery, heavy machinery), navigation (professional, non-professional use), and power generation (power generation equipment), etc. field.

FPT Fiat Power Technology has an existing Chinese headquarters in China, a trading company, two joint ventures, and the FPT Fiat Power Technology (Shanghai) R&D center in Jiading District, Shanghai.

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