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　　Jiangsu Xinhong Industrial Group Co., Ltd., established in January 2019, has a registered capital of 2 billion yuan and covers an area of 230 mu. It is a key auto parts production and trading enterprise introduced by the Sihong County People's Government and the Sihong Economic and Technological Development Zone. The company has implemented group development. Xinhong Group is mainly engaged in the production, processing and sales of auto parts. It has 5 subordinate business units—2 holding subsidiaries and 3 shareholding companies.The company has five series of automobile parts—motor series（alternators，fan motors, wiper motors, heating motos, starters）,clutch series, heat dissipation system(radiators and thermostats), transmission system(C.V.JOINTS) and auto electrical fuel injection system(oxygen sensors). It owns 13 domestic and foreign brands and more than 1,700 kinds of auto parts production, processing and sales, taking large shares of the sales around the Northern Jiangsu, Hebei, Shandong and Zhejiang area.