Relay valve High Precision Photoelectric Mould ,Hardware Stamping Photoelectricity Mold,Photoelectricity Mold Punching Die Mold ,Photoelectric Mould Cover Kunshan Wangdaxin Precision Mould Co., Ltd. , https://www.wdxmould.com
Recently, Ruili International Holdings Corporation (SIH), a joint venture between Zhejiang Ruili Group and MGR , was established and opened in Hong Kong. It is an important step for Ruili's transformation and upgrading of its marketing model. It is reported that Ruili owns more than 70% equity of the joint venture company and MGR company holds 30% shares.
Ruili Group was founded in 1987 by China Ruili Group Co., Ltd. It is a professional manufacturer of auto parts. In July 2004, it successfully listed on the Nasdaq in the United States. Since its founding more than a decade ago, it has enjoyed a high reputation in the same industry at home and abroad, and it has more than 20 products including domestic FAW Group, Dongfeng Motor Corporation, and CNHTC Group. The automobile factory is equipped with complete vehicles and exported to Europe, America, Africa, Latin America, Southeast Asia and other countries.
It is understood that the newly established joint venture company's management team consists of a group of experienced management elites, including Mr. Jean, who once served as the vice president of the global aftermarket division of the global auto parts giant Wabuco Group, and many from Australia and Morocco. Marketing expert.
Chairman of Ruili Group and chairman of SIH Zhang Xiaoping said, “Ruili will be committed to expanding its international sales network in the Asia Pacific region through SIH, and will develop the business in Europe, the Middle East and Africa to build a true globalization. The marketing network believes that the joint venture will provide a good opportunity for the development of Ruili and will greatly increase the growth momentum of the company in the key markets in the future." 
In order to better develop the market and upgrade the marketing model, Ruili will use SIH as an international marketing center to launch Ruili’s competitive products for the international market, including spring cylinders, clutch boosters, air dryers, relay valves and hands. Valves and other leading products. Actively increase the export share of Ruili products to better meet the needs of the international customer automotive market.
Extensive reading:
Ruili Group Ruili Group has developed into the leading automobile and motorcycle fittings industry company in Wenzhou and the largest production base of China's air brake gas valve products. The company produces automotive air brake components, hydraulic brake components, automotive appliances, and automobiles. Instrumentation, power steering pump, eddy current retarder, automotive ABS, automatic clearance adjusting arm, brake caliper, automotive light bulb and other products have been used by China FAW Group, Dongfeng Group, SAIC Group and more than 30 domestic automobile manufacturers as well as Europe, The Americas and Japan’s car divisions provided maintenance services, gradually entered the global auto parts procurement system, and provided product support services for the 2008 Beijing Olympic Games.
Automobile relay valve manufacturer Zhejiang Ruili Group and MGR company form a joint venture company