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Himfr.com Reports Rumors Become News The New Changan Automotive Group Was Set Up .

Himfr.com Reports Rumors Become News The New Changan Automotive Group Was Set Up .

November 10, the Beijing Great Hall of the China Ordnance Equipment Group Corporation

(hereinafter referred to as soldiers loaded the Group) and China Aviation Industry Corporation (hereinafter referred to as the China Aviation Industry) jointly held press conferences announcing that they re-wind pass a new long-Chang Automobile Group Co., Ltd. was formally established. It is understood that the two military groups to restructure China's Changan Automotive Group, is among the central enterprises spontaneously carried out by the automotive sector's strategic restructuring of the largest to date, but also the field of defense industry products for civilian use first large-scale co-operation.

After a few months, the industry has been widely rumored that soldiers loaded group and the restructuring of China Aviation Industry news, journalists have to understand relevant aspects of the side of right, but has not been a convincing manner. Changhe regard to the newspaper had also sent via e-mail "press release", unilaterally invited the media to clarify the matter.

In the November 10 news conference in Beijing, the soldiers loaded Xu Bin, general manager, general manager of China Aviation Industry Lin Zuoming representing the two sides signed the agreement on restructuring.

As China's leading military group, military equipment in the aircraft industry groups and both this year, appeared in the "Fortune" in the world top 500 enterprises.

Before the reorganization of China's Changan Automotive Group, is the military equipment of motor vehicles and components business, Group professional management company, in December 2005 by the State Council approved the establishment, formerly known as "China South Industries Motor Corporation," July 1, 2009 approved by the State Administration for Industry and the more its present name.

Under the restructuring program, the aircraft industry for its holdings of Changhe Auto, Hafei Motor, Dongandongli, Changhe Suzuki, Dongan Mitsubishi stake to allocate soldiers loaded Changan Automobile Group of China Group; military equipment in China's Changan Group Automotive Group 23% of the shares allocated in the aircraft industry. The two groups re-establishment of the new China, Changan Automobile Group Co., Ltd., soldiers loaded the Group holding 77% stake in the aircraft industry 23%.

The new China Changan Automobile Group in Chongqing, Heilongjiang, Jiangxi, Jiangsu, Hebei, Anhui, Shanxi, Guangdong, Shandong and other 9 major vehicle production bases, with 21 vehicle plants and 27 subordinate enterprises, an annual output of automobile and engine capacity of 2.2 million (Taiwan), and in Malaysia, Vietnam, Iran, Ukraine and other countries overseas bases built to become the most widely used production base Chinese auto enterprise groups.

That day, newspaper reporter contacted Changhe Automobile aspects of responsible persons to seek the person responsible for the views of the reorganization of the incident and was told "no."

It is understood that the new Changan Automotive Group, in accordance with "complementary advantages, cooperation and win-win" concept, vigorously push forward the joint venture. 2012 vehicle sales of more than 2.6 million, initially equipped to participate in the international mainstream auto market competition. By 2020, form a more complete product line, independent brands to enter the high-end market, vehicle sales reached 5 million, the new Changan Group's corporate vision will gradually become a reality.

by: Frbiz
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