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KSD— hand-in-hand moving forward with Volvo ——The Groundbreaking ceremony of Chengdu KSD Auto Parts Co., Ltd. was successfully held

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At 15:00 on November 9, 2022, Chengdu KSD Auto Parts Co., Ltd. (Hereinafter referred to as "Chengdu KSD") held a grand-breaking ceremony of "KSDhand-in-hand moving forward with Volvo". This marks the official landing of KSD's fourth domestic manufacturing base project.

Qiu Jianmin, Chairman of DEREN Electronics, Li Hai, Vice Procurement President of Volvo Asia Pacific , Chen Xin, President of DEREN Electronics Automotive & New Energy Division, Philipp Wilhelm, Supervisor of KSD, Lukasz Duda, CEO of Guangdong KSD Germany, and Yin Ling, CFO of China, Li Tian, CCO of KSD, and An Boyang, General Manager of Chengdu KSD, Zhou Xiaofeng, Chairman of Ningbo Huaxiang Electronics Co., Ltd., Sun Bin, Executive President of Huahao Kunpeng Technology (Chengdu) Co., Ltd., and Liu Yong, Director of Technology and Procurement of Fuzhou Danlaw Xicheng Electronic Technology Co., Ltd. attended the ceremony.

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Groundbreaking ceremony

At the groundbreaking ceremony, Chairman Qiu Jianmin first welcomed and thanked all the leaders and guests. He said that Chengdu KSD is the first factory of KSD in the southwest, which is of great significance. Thanks very much for the support of customers and the efforts of KSD team! Volvo is a very important strategic partner of DEREN Electronics, hoping that the two sides can carry out close and effective cooperation, and take this cooperation as the beginning, jointly create more strategic cooperation projects, and work together towards high-quality development.

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Qiu Jianmin, Chairman of DEREN Electronics

Chairman Qiu invited Li Hai, Vice Procurement President of Volvo Asia Pacific, to deliver a speech. President Li Hai said that the SPAII platform is the work of Volvo's global electrification transformation, and as the first model of the platform, the P519 project is of vital significance to Volvo's future sustainable development. For this reason, KSD has built a factory in Chengdu and strengthened the strategic cooperation between the two sides. Volvo hopes that the P519 project will be put into operation smoothly. At the same time, it wishes KSD Chengdu factory to be completed smoothly and achieve better results.

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Li Hai, Vice Procurement President of Volvo Asia Pacific

nine-storied tower rises from a heap of earth. President Chen Xin said that in the past ten years, China and Germany have joined hands to invest in three modern factories in Jiangmen of Guangdong, Changchun of Jilin and Tianjin of North China, realizing the annual production scale of one million sets of vehicle wiring harness and contributing to the vigorous development of China's automotive industry. At present, KSD's business in China covers Volvo, FAW-Volkswagen, Audi, Mercedes-Benz and other first-class main engine factories. Adhering to the concept of "customer first", KSD has won the honor of "outstanding supplier" for many years, demonstrating its position in the industry and its corporate culture and values of "focusing on customers" and focusing on service.

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Chen Xin, President of DEREN Electronics Automotive & New Energy Division

Lukasz Duda, CEO of Guangdong KSD Germany, said that it was not easy to successfully hold this meeting under the COVID-19. Volvo was a very important partner of KSD and Kroschu, and hoped that both parties would trust each other and work together to focus on personnel development and customer satisfaction, so as to lay a good foundation for future business development and cooperation.

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Lukasz Duda, CEO of Guangdong KSD Germany

Subsequently, a wonderful lion dance performance sent sincere wishes to the groundbreaking ceremony, and the crowning touch of the leaders added luster to the event again.

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Lion dance performance

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The crowning touch for lion dance

Finally, the officiating guests who attended the groundbreaking ceremony completed the foundation laying and earthing ceremony, and took a group photo with all the guests, marking the successful holding and closing of the groundbreaking ceremony.

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Group photo

Attachment: Introduction to Chengdu KSD

The establishment of Chengdu KSD Automobile Parts Co., Ltd. in Chengdu, Sichuan Province is a strategic move to seize the development opportunities of Chengdu-Chongqing economic circle and expand the domestic market. Chengdu KSD Automotive Parts Co., Ltd. was founded in 2022 by DEREN Electronics and Kroschu, Germany. At present, its main business is to provide automotive wiring harness and other products and services for luxury car brand Volvo high-end models. With the strong comprehensive strength of DEREN Electronics and the advanced R & D technology capability, rigorous manufacturing operation system and systematic staff training system of Kroschu in Germany, it will become an important intelligent wiring harness manufacturing base of KSD in Southwest China in the future.