09/05/2025
On May 8, 2025, SingAuto and the Management Committee of Shanghai Lin-Gang Special Area officially signed the investment agreement for the “SingAuto China Headquarters and New Energy Commercial Vehicle Parts KD Manufacturing and Export Base Project”.
Standing Committee of the Municipal Committee of the Chinese Communist Party and Mr. Chen Jinshan, Party Secretary of the Party Working Committee of the Lin-Gang New Area, China (Shanghai) Pilot Free Trade Zone, warmly welcomed the attending guests, such as Mr. Wu Xiaohua, Deputy Secretary of the Party Working Committee of the Lin-Gang Special Area Management Committee, In-charge from the High-Tech Division and Lin-Gang International Development Company, Mr. Liu Wei, Member of the Standing Committee and Vice Governor of Fengxian District, Mr. Gong Wei, Vice President of Lin-Gang Group, Mr. Zhou Linkun, Chairman of Lin-Gang Fengxian Company, Mr. Liu Yuqiang, Chairman of SingAuto, Mr. Chen Xuefeng, CEO of SingAuto, Mr. Xi Jiawei, Co-Founder of SingAuto and Junwon Energy-Saving Technology Co., Ltd, Mr. Wang Dayong, Co-Chairman of GSR Venture, Datuk Seri Paul Chong, Global Entrepreneur Partner of ARC Group, Mr. Liang Yangbing, Co-Founder of SingAuto and Executive Vice President of Haidilao, Mr. Wu Ya and Mr. Liang Yongjian, Co-Founders of SingAuto, Mr. He Bingao, Chairman of Ningbo Jinhui Yinan Investment Management Co., Ltd, Ms. Zhang Mengjiao, General Manager of the Financial Department of Shanghai Launch Automotive Technology, Mr. He Song, Deputy General Manager of Shanghai Launch Automotive Technology.
As outlined in the plan, SingAuto will establish an industrial base integrating R&D, production, and supply chain management in Lin-Gang. Once the project is put into production, it will have an export capacity of 50,000 sets of vehicle body structures and 30,000 sets of KD assemblies.
Establishing SingAuto’s global R&D KD centre not only facilitates the transportation of products to target markets, but also enhances supply chain responsiveness. According to forecasts, the global cold chain logistics equipment market is expected to grow at an annual rate of over 12% from 2025 to 2030.
In March this year, the Management Committee made a dedicated visit to SingAuto’s Middle East office to accelerate the project's implementation. Both parties deepened their consensus on areas such as cold chain transportation, green energy applications, etc., to develop cold chain logistics solutions.
As a hub for China’s new energy vehicle industry, the area has attracted more than 200 industry-leading companies, including Tesla and Contemporary Amperex Technology Co., Ltd (CATL). SingAuto will leverage Lin Gang’s mature industrial ecosystem and collaborate with regional enterprises to promote the upgrading of the new energy intelligent commercial vehicle industry.