Trade Resources Industry Views Fujian Auto New Longma Will Amount to 2 Billion Yuan

Fujian Auto New Longma Will Amount to 2 Billion Yuan

Fujian Auto New Longma 300,000 engine project covers 300 Mu and total investment are 1.53 billion Yuan and the annual revenues will amount to 2 billion Yuan and the taxation will amount to 400 million Yuan. Now they can produce 1.0L, 1.25L and 1.0 T turbo engine, and in the future they will produce 1.5L and 1.8L engines.

Their first self-developed VVT engine will be produced, marking the first phase of the 300,000 engine project will formally start. It is learned that project covers 300 Mu and total investment are 1.53 billion Yuan and the annual revenues will amount to 2 billion Yuan and the taxation will amount to 400 million Yuan. Now they can produce 1.0L, 1.25L and 1.0 T turbo engine, and in the future they will produce 1.5L and 1.8L engines.

The engine adopts VVT technology and shallow water cylinder etc. advanced technology and lightweight design, and it adopts longitudinal rolling stream and flat head piston and advanced combustion chamber structure and low tension piston ring and crankshaft thin shaft etc. low fraction structure and it can reduce frictional loss effectively. The dynamic property and fuel economy can be effectively improved for 20% and fuel consumption can be reduced by 10%, and the engine fits national 5 emission standard and OBD complete vehicle emission.

Source: http://www.chinatrucks.com/news/2015/0106/article_5646.html
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Fujian New Longma VVT Engine to Launch Offically