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Yundu New Energy Automobile Co., Ltd. of Fujian automobile industry group, referred to as Yundu new energy, is a new energy automobile production Co., Ltd. initiated by Fujian Automobile Industry Group Co., Ltd., a leading automobile enterprise on the west side of the Straits, and jointly invested by Putian State-owned Assets Investment Co., Ltd., natural person and Fujian Haiyuan Automation Machinery Co., Ltd Industry development platform, mainly engaged in research and development, production, processing, sales and consulting services of new energy vehicles and auto parts. The company was registered and established on December 4, 2015, with a registered capital of 900 million yuan, and its address is located in Putian City. Relying on the vehicle manufacturing qualification and rich vehicle manufacturing resources of FAW Group, Yundu new energy has gathered a large number of domestic and foreign talents in the automobile industry, focusing on the research, development, production and sales of pure electric passenger vehicles. At the same time, the construction of Yundu new energy plant has also started. The first phase of the new plant covers an area of 600 mu. In addition to the important processes of welding, coating and general assembly, it is planned to establish a research and development center, including a complete experimental center and trial production center, which is scheduled to be completed in November 2016. The first phase of the project has a total investment of 2 billion yuan. In recent two years, with the help of the policy of developing the new energy automobile industry and the national development of Fujian, Fujian Province has improved its good policy environment, determined to develop the new energy automobile industry, and issued many preferential policies and corresponding car purchase subsidy policies for developing the new energy automobile industry. The birth of Yundu new energy has enriched and strengthened the automobile industry chain of Fujian Province. Adhering to the core concept of "harmony, innovation and competition", Yundu new energy and the world's new energy automobile industry are connected, integrated and win-win. It has been focusing on building an automobile enterprise that radiates the whole country, integrates the Straits, influences Southeast Asia, and promotes China's new energy automobile industry.

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