Liguo Huimin 10 Engines and Transmissions Enterprise Pilots “Change Old”

On August 12, 2015, the pilot project of “replacement and re-use” of remanufactured products organized and implemented by the National Development and Reform Commission, the Ministry of Finance and the Ministry of Industry and Information Technology, the Ministry of Commerce, and the General Administration of Quality Supervision, Inspection and Quarantine was launched nationwide. This is another policy to benefit the nation and the people after the completion of the first batch of pilot projects for the remanufacturing of auto parts .


Liguo Huimin 10 Engines and Transmissions Enterprise Pilots “Change Old”

This time, the "old for the re-" products for the automotive engine and transmission, from the auto parts remanufacturing industry, 10 companies as a pilot unit, responsible for the implementation of automotive engine and gearbox remanufactured products "for the old and then change" The work involved 112 models of engine and transmission remanufactured products.

Among them, 10 pilot companies are Guangzhou Huadu Global Automatic Transmission Co., Ltd., Weichai Power (Weifang) Remanufacturing Co., Ltd., Jinan Fuqiang Power Co., Ltd., Shanghai Happy Ruibei De Powertrain Co., Ltd., and Dongfeng. Cummins Engine Co., Ltd., Shaanxi Fast Automotive Transmission Group Co., Ltd., Volkswagen FAW Engine (Dalian) Co., Ltd. (China FAW Group), Yuchai Remanufacturing Industry (Suzhou) Co., Ltd., and Wuxi Dahao Power Co., Ltd. (FAW Group) Zhejiang Wanliyang Transmission Co., Ltd.

“Replacement from old to new” refers to the act of remanufactured product buyers in China returning the old parts and buying remanufactured products at the replacement price. According to a certain percentage of the replacement price (the sales price of remanufactured products minus the recycling price of the old ones), the state grants one-time subsidies to consumers through the promotion of enterprises.

The implementation of this policy not only facilitates the recycling of remanufactured old parts, expands the sources of old parts, but also helps expand the influence of remanufactured products, supports the remanufactured products market promotion, and realizes the scale and standardization of remanufacturing industries.

At the same time, consumers have received substantial economic subsidies, which is a real Huimin policy.

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