Beijing Automotive Industry School Tips: maneuvers behind detailed accounts - Beiqi, restructuring, acquisition - Auto parts industry
Beijing Automotive Industry School Tips: maneuvers behind detailed accounts - Beiqi
, restructuring, acquisition - Auto parts industryLast wave after wave Automotive Industry The tide of mergers and acquisitions, "Beijing School" generous impressive. Rebuilding the important pillar industry in Beijing's policy of support, BAIC, Jingxi heavy industry and other businesses frequently shot, seemingly random were in formations, actually close the mouths points clear in the capital Car Acupuncture points on the key chain.
With the support of the relocation of Shougang Beijing Economic and Half the Sky to Hebei, coupled to the Electronic Building industry is not satisfied, go all out to become bigger and stronger automotive industry has become in recent years, the Beijing Municipal Government's strategic intentions.
Last November, the Beijing Municipal Committee and Beijing Municipal Development and Reform Commission by letter jointly issued by five major industrial revitalization program, the first of which is the automotive industry. In the "auto industry restructuring and revitalization of the implementation of the program," mentioned that from 2009 to 2011, the Beijing Automotive Industry output growth rate of more than 15% annually, and strive to reach 20%; 2011, the output value from 1.6 to 1.8 trillion yuan, industrial added value accounted for 10% of the city's industrial, accounting for 2.5% of the city's total economic output.
From Beijing Hyundai chairman of the board as to the Beijing Auto Group Chairman, Yi Xu, and the integration of the BAI, both are a manifestation of the will of the Beijing Municipal Government. The fastest way to bigger and Beiqi mergers, acquisitions, the idea received strong support for the Beijing Municipal Government.
To support the development of automobile industry in Beijing issued regulations, in conformity with national auto industry policy and industrial development planning projects in Beijing can apply for funds to support industrial development in Beijing to support the way of discount, including loans, investment shares, grants so.
The outside, whether from overseas, Opel, Saab, or domestic Fujian Daimler, the Beijing Automotive Group may seem impatient, "beggars," but in fact Yi Xu and hearts, it has a very clear M & A map.
The acquisition strategy, foreign car brand enterprises from the outset, the focus is not Beiqi acquisition. In the acquisition mode, the BAIC and the overall loss-making enterprises did not eat, but minimizing the assumption of debt, employees, international management, cultural integration and a series of uncontrollable risk.
But to help Beiqi improve Own brand Core technology assets, Beiqi then accept whatever. "Beiqi overseas M & A objectives are very clear, take the technology-based mergers and acquisitions and achieve its leaps and bounds." BAIC general manager Wang Tai always accept the "First Financial Daily" reporters interview frankly.
Acquisition of Saab's platform technology, the current Beijing Automotive is losing no time on the purchased technology absorption. To this end, Beijing Automotive has set up a Beijing Automotive Research Institute, Division passenger cars, Powertrain Division, Beijing New Energy Motor Company, a passenger car development and commercial operation of the complete system has been built incubation facilities for technology to improve the hardware.
2 billion would be successful in the bag Saab technology, the "big Beiqi" sight. Beijing Auto Group achieved a breakthrough last year, 1.2 million production, the output value 110 billion yuan, according to Xu and Yi planning, Beiqi plans to 2 million sales by 2011, output value of 240 billion yuan. BAI will continue to improve the current R & D, vehicles, spare parts, asset management and trading the five major platforms, trying to achieve a "big Beiqi" strategic layout.
"North Group" on the car's generous corporate acquisition reflects everywhere. However, there was no shortage of atmospheric fine.
Few years ago, on how to develop the automobile industry, the Beijing municipal government is not particular clear idea of the national "car industry restructuring and revitalization plan," Following the launch of the Beijing auto industry is positioned to become the capital of high-end industries and modern manufacturing economy so important pillar industry, building high-end components park, park and other high-end automotive electronics industrial park had been planned.
Last November, from 51% of the West Beijing Shougang Holding acquire U.S. Delphi Heavy damping brake department, among the automobile chassis parts to high-end market is the manifestation of the idea.
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