# Yuandong Drive Shaft to upgrade plant with smart tech in Xuchang

Yuandong Drive Shaft will invest CNY 3 billion (USD 436.1 million) to relocate and upgrade its factory in Xuchang, Henan province, China, with smart technologies. The project will be completed in three years, adding capacity for drive shafts and forgings.

- Type: Expansion
- Announced: 2018-08-20
- Where: Xuchang, Henan, China
- Value: $436.1M (3.00B CNY)
- Starts operating: 2021
- Status: announced
- Capacity: 2 million sets of constant velocity universal joint drive shafts per year (phase 1); 6 million sets of non-constant velocity transmission shafts per year (phase 2); 100,000 forgings per year (phase 3)
- Products: constant velocity universal joint drive shafts, non-constant velocity transmission shafts, forgings
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Yuandong Drive Shaft](https://endata.com/companies/18956.md)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/china-yuandong-drive-shaft-to-upgrade-hometown-plant-with-smart-tech), 2018-08-20: "Yuandong Drive Shaft will invest CNY3 billion (USD436.1 million) to relocate and refashion its factory within its hometown in central China's Henan province to bolster production."
- [www2.yicaiglobal.com](https://www2.yicaiglobal.com/news/china-yuandong-drive-shaft-to-upgrade-hometown-plant-with-smart-tech), 2018-08-20: "Yuandong Drive Shaft will streamline its production lines with smart technologies to manufacture more transmission system parts in Xuchang's industrial park, while following a request from the local government, the car parts manufacturer said in a statement, adding that the project will be completed"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.