It is an important industrial base and logistics center in the Yangtze River basin, occupying a pivotal position connecting the east and the west and connecting the north and the south. Chery Automobile Co., Ltd. officially broke ground on1March 8, 1997. By March 2003, the first and second phases of investment and construction had been completed, covering an area of130,000 square meters, and now it has formed an annual production capacity of 400,000 engines and 300,000 vehicles.
The first two stages of the project have their own four automobile production processes, namely stamping, welding, painting and final assembly. In addition, they also include two engine factories and a gearbox factory. On April 1 2003, the third phase of Chery Company officially broke ground, and the fourth and fifth phases are also under intense planning.