Huaqin Technology, a leading global ODM company, signed a contract with Shanghai Lingang today to settle its R&D and manufacturing base in Lingang New Area!
The Huaqin Technology signed a contract in Lingang to land the "Automotive Electronics Lingang R&D Headquarters" and "Intelligent Manufacturing Base" projects, with a total investment of 3.7 billion yuan, a total area of 232 acres and a total construction area of 360,000 square meters, which will be fully completed and put into use in 2025. It is expected that in 2030, it will achieve annual revenue of more than 14 billion yuan, attracting nearly 5,000 automotive electronics-related talents, including R&D designers and high-end intelligent manufacturing talents.

The so-called ODM refers to the original design manufacturer of OriginAl Design Manufacturer, which is generally entrusted by the purchaser to provide all services from research and development, design to production and post-maintenance, and the buyer directly branded it. Huaqin Technology is the world's leading intelligent hardware platform enterprise, entering the field of automotive electronics in 2018.
Huaqin Lingang Project is the first R&D headquarters project in the field of automotive electronics in Lingang New Area that integrates R&D, manufacturing, trade and supply chain.
Lu Yu, deputy director of the high-tech department of the Lingang New Area Management Committee, introduced that the current hardware link in the Lingang new energy automobile industry chain accounts for a large scale, and the number of enterprises in the automotive electronics link is still relatively small.
"In 2022, the development of Lingang's new energy automobile industry will pay more attention to structure and quality, focusing on the automotive electronics industry, and vigorously developing five major areas of chassis electronics, cockpit electronics, driver control electronics, network electronics, and body electronics," Lu Yu said.
The R&D and manufacturing base of Huaqin in the new area will mainly focus on the field of automotive electronics and consumer electronics, expand the new path of R&D + high-end intelligent manufacturing integration and development in the new area, and create a trinity of integrated services for hardware product research and development, software services and high-end manufacturing of "lighthouse automation factory".
Wang Zhigang, secretary of the board of directors and vice president of Huaqin Technology, said that Huaqin Technology's settlement in Lingang has taken a fancy to the industrial support policy of Lingang's advantages and the cluster effect of the industrial chain of the new energy automobile industry.
In fact, in 2021, the automobile industry in Lingang New Area achieved "three historic breakthroughs", with an output value of 179.4 billion yuan, becoming the first frontier industry to break through 100 billion; the output of complete vehicles exceeded 750,000 for the first time, accounting for a quarter of the city; the number of intelligent new energy automobile enterprises exceeded 100 for the first time, initially forming eight categories such as vehicles, engines, batteries, bodies, interior and exterior decorations, chassis, automotive electronics, chips, etc., covering the whole industrial chain of research and development, manufacturing, trade, testing, etc. The agglomeration trend of the intelligent new energy automobile industry has been formed.
At present, Lingang has significant advantages in developing the automotive electronics industry: first, "there is a market", the huge vehicle and battery scale advantages, Tesla, SAIC Zhiji, SAIC Feifan and other future total vehicle scale of 1 million vehicles, Ningde era 80Gwh power battery scale; the second is "there is a scene", the advantage of automatic driving scene, Lingang has achieved automatic driving global liberalization, is giving play to the "dual-zone advantage" of Lingang New Area and Pudong Leading Area, and carrying out breakthroughs in the field of automatic driving legislation. Let more intelligent network new technologies find scene testing and business models in Lingang; the third is "having chips" and the advantages of integrated circuit industry integration. Lingang has gathered a large number of integrated circuit companies such as SMIC, Jita Semiconductor, Wingtech, Horizon, etc., and it is expected that the monthly production capacity of 12-inch wafers will exceed 500,000 pieces in 2025.
As an incubator of China's intelligent manufacturing industry and a typical "chain main" enterprise, Huaqin Technology will effectively attract the core suppliers of the upstream industry to settle in Lingang together, forming a siphon effect, which is of great significance for improving the energy level of Lingang automotive electronics industry and improving the Lingang automotive industry chain, and injecting strong impetus into promoting the Lingang New Area to build a world-class intelligent new energy automobile industry cluster.