The development of the industrial clusters of the International Automobile City in Liangjiang New District will continue. A few days ago, a total investment of 600 million yuan in numerical control tools and superhard tool manufacturing plant project started in Yufu Industrial Park, Liangjiang New Area. This project, which was laid out by Chongqing Beida Technology Development Co., Ltd., is a key component in the automotive industry chain. It will be widely used in the production of lathes, milling machines, automotive transmission shafts, crankshafts, engines, and even aerospace components, and will be of great significance in improving and advancing the development of the Chongqing automobile industry cluster.

The project covers an area of ​​55.4 acres, plant construction area of ​​24,000 square meters, a total investment of 600 million yuan, mainly produces CNC cutting tools and superhard cutting tools. The project has put into production the first year production capacity of 100,000 sets of professional knives, output value of about 300 million, full-load operation to reach 300,000 sets of professional tools per year, with an output value of about 900 million. It is expected that the main project will be completed in June 2013 and will be completed and put into production in December 2013. After completion, it will provide more than 300 jobs.

CNC cutters are tools used for machining in machine manufacturing, also known as cutting tools. The generalized cutting tool includes both the tool and the grinding tool. In addition to the cutting tool, the CNC tool also includes attachments such as a shank and a tool holder. As an important part of CNC machine tools, NC cutters play an important role in the processing of mechanical parts. Beida tools produce non-standard professional tools that are different from ordinary tools and are high-tech products. Widely used in the production of lathes, milling machines, automotive transmission shafts, crankshafts, engines, and even aerospace components, are the core components in the automotive industry chain.

Chongqing Beitian Technology Development Co., Ltd. is a wholly-owned company of Chongqing Beiqi Technology Co., Ltd., and is a high-tech enterprise introduced by Yufu Industrial Park in Liangjiang New Area. The company’s partners include Tianhe South, Chang’an, Changan Suzuki, and Chang’an Ford. Marine wind power, Jialing, Long March Power, Dongqi, etc. The strong machinery industry atmosphere in Chongqing and even in the western region, the huge CNC tool market, and the continuous extension of the automobile industry chain in the Liangjiang New Area have provided a great opportunity for development of the Beida Tools.

The Liangjiang New Area is actively building the International Automobile City. In 2015, Liangjiang International Automobile City is expected to achieve an annual output of 3 million complete vehicles and 3.2 million engines, with an output value of 500 billion yuan, making Chongqing's automobile production and sales volume reach 13.5 percent of the country's total, reaching the number-one goal. By 2015, Liangjiang International Automobile City will complete the gathering of the top 10 vehicle companies, form a complete vehicle structure with seven domestic brands and three foreign brands, and improve the industrial ecological structure. An automobile industry cluster with leading automotive companies as the leading and high-end key components as supporting is rapidly upgrading to the high end of the value chain. The successful start of the Beida Cutter Project is of great significance to the development and expansion of the Chongqing Machinery Industry, the improvement of the industrial system of the Liangjiang New District, and the promotion of supporting industrial clusters in the International Automobile City of the Liangjiang New District.