Jiangqi Group Co. be in China Enterprise 500

04/11/2005

Anhui Jianghuai Automobile Group Limited Company is situated 224th in Chinese Enterprise 500, and it is also situated 111th in Chinese Manufacturing Industry Enterprise 500.

For 40 years, especially in resent 14 years, Jianghuai Ltd Co. has persisted the idea which is "system pondering, team learning, coordinating balance, pursuing excellence", has attended to the innovation of the technology, the management and the system, has coordinated the balance of the human resources development that took the whole staff training as the main content, the enterprise culture construction and the marketing system construction and so on six big essential factors. Thus it is the development course of the enterprise from infancy to maturity and strong. Jiangqi Company becomes a major group company whose produce and sales of the automobile is 130,000 and the sales income exceeds 10 billion Yuan from a small enterprise whose produce and sales of automobile is 1,000 and the sales income don't reach 30 million Yuan in 1999.

The target of the sales income has maintained the 50% rate of rise for 14 years continuously. In 2004, Jiangqi Group Company's leading products have the advantage status in the subdividing market: the sales volume of the special-purpose chassis of passenger train has maintained the first in the domestic similar chassis market for 9 years continuously; The lighten-truck has situated 2nd in the domestic market, the exporting volume has occupied 1st for 3 years continuously; The sales volume of the commercial vehicle has leaped to 2nd; The produce and sales of the passenger train has situated 5th in the automobile industry.

It is worth to mention, from Jan to Jun in 2005 the domestic automobile industry situation was stern day after day, between the automobile enterprise competition tended to the superheating, some enterprises still competed to reduce prices; at the same time, the price of the steel and so on raw materials generally rose in the domestic and oversea market, the price of the coal, the electricity, the oil, and the transport and so on stayed at a high level, the profit of the entire automobile industry glided down generally; among the national 15 key automobile enterprise group company, two companies realized the profit go-up comparing with others, 9 enterprises dropped with compare, 4 enterprises dropped to the bad. In that situation, the profit target of Jiangqi Group Company continued to maintain 44% increased range, and the increasing profit is situated to 1st in the automobile industry.