Accessories refer to parts or components used to assemble machinery, or parts or components that are replaced after being damaged. In English, they are called Accessories and can be divided into standard accessories (included with the product) and optional accessories (purchased separately). Their applications cover mechanical fields such as automotive and motorcycle parts, bearings, and valves. Automotive parts are further subdivided into categories such as engine systems, chassis systems, body and accessories, involving components such as engine assemblies and bumpers.
There are 7,000-8,000 automotive parts manufacturing companies in China, 80% of which have annual sales revenue of less than 100 million yuan. In 2009, Wanxiang Group's sales revenue was 51.48 billion yuan. Industry production projects include new projects with an annual output of 50,000 automotive parts (sets).
Accessory procurement involves categories such as hardware and measuring spare parts, using a supplier database and batch bidding model. The winning bidder is required to fulfill the supply obligations according to the contract period.
