CHONGQING (CQNEWS) -- Yihe Digital Mould, a relatively unknown auto parts enterprise, acquired Ford’s supply code and has become the only member in Chongqing of Ford global procurement system on November 4th, 2013, according to Jianqiao Industrial Park, Dadukou District, Chongqing.

The company was formerly named Chongqing Digital Mould and renamed as Yihe Digital Mould after the acquisition of Yihe, a Hong Kong enterprise in August 2011. Yihe invested 250 million yuan to buy new equipment with the aim of targeting the international market. Yihe Digital Module reached the Japanese market with products produced with new technology, such as fuel tank brackets and the stiffening girder of header. Then, the company aimed to find their position on the list of Ford global procurement system, which has the strictest requirements for supplier choice.

According to the Automobile Dept. of Chongqing Economy and Informationization Commission, the procurement requirements of Ford and Volkswagen are the strictest. Currently, Chinese mainland companies on their list are limited, let alone from Chongqing.

At the end of 2011, the company received an order for about ＄80,000 of automobile die and parts from Ford, which passed environmental protection inspection by the appointed international inspection center at the rate of 100%. The delivery time is only half of industry average and the accuracy of equipment ranks only second to the level of aerospace.

Up to now, the order value from Ford currently totals ＄10 million, 30% of its total business. If the company develops at current speed, the annual value of production will increase to 500 million yuan within 5 years. (Translated by Li Li, Fathom Language Limited)