After achieving the goal of becoming a top 500 global company, Beiqi has launched an impact on the first camp of the auto group. Recently, the latest issue of U.S. magazine “Fortune†published the list of “Top 500 Global Companies in 2013â€. Beijing Auto Group ranked 336th with sales revenue of 33.374 billion U.S. dollars and profit of 1.074 billion U.S. dollars. According to statistics released by Beijing Automotive, the total vehicle sales in the first half of the year were 1,100,800 units, sales revenue was over 125 billion yuan, and profits exceeded 8.1 billion yuan, up 26.9%, 34.5%, and 18.6% year-on-year respectively.
The executive vice president of Beiqi Group and Han Yonggui, a spokesperson for Beijing Automotive Group, said that BAIC ranked 54th among the 95 Chinese companies listed on the list and ranked fourth among Chinese auto companies on the list, ahead of schedule. "Enter the world's top 500 goals during the period. In the list of "China's Top 500 Most Valuable Brands 2013" recently released by the World Brand Lab, Beijing Automotive Group ranked 20th in brand value with 82.536 billion yuan, an increase of 18.88 billion yuan over the previous year. 30%, ranked third in the industry. This will greatly enhance the BAIC Group's market competitiveness and brand image, and it will greatly promote Beiqi Group's global core competitiveness.
Prior to this, in the “Detailed Planning for the Adjustment and Revitalization of the Automotive Industryâ€, the four major concepts were clearly proposed. As the four major groups, SAIC, FAW, Dongfeng and Chang’an will implement mergers and reorganizations nationwide; BAIC, GAC, Chery, and Heavy As a small group, Steam implemented regional mergers and reorganizations.
Xu Heyi, chairman of the Beijing Automotive Industry Group, also revealed that by 2015, Beijing Auto will enter one of the world’s top 500 companies and rank among the “big four†groups. For this reason, Beiqi must become the first camp of the domestic automobile industry. In the eyes of the industry, in order to achieve this goal, in addition to its own brand strength, Beiqi in the expansion of overseas markets, mergers and acquisitions and other aspects of the layout can not stop.
It is understood that even though Beiqi has sold more than 1 million vehicles for half a year, it still lags behind Changan Automobile, which ranks fourth in terms of a slight gap, but its growth rate is twice that of the industry average, far higher than the top four automobile groups of Chinese auto companies. In particular, it ranked fourth in terms of operating income and total profits, and the gap with the east wind ranked third was significantly reduced.
At present, Beiqi, the first mid- to high-end car built for autonomous passenger vehicles, has been listed on the market. Han Yonggui told the Beijing Commercial Daily reporter that this is only the beginning. The preparations for R&D and production of the sedan A-Class sedan C50 and off-road vehicle B40 are also underway.
In addition, in order to optimize the industrial layout of the Beijing automobile industry, during the “12th Five-Year Plan†period, BAIC will invest more than 20 billion yuan in the development of its own-brand vehicles, so that BAIC will form cars, SUVs, MPVs, crossovers, and commercial vehicles. Complete automotive product manufacturing system, including new energy vehicles and powertrains.
Zhang Xiyong, general manager of Beiqi Group, revealed that Beiqi has laid the foundation for the off-road vehicle base in Shunyi District, and the production bases in Hunan, Guangdong and Chongqing have been completed. According to the plan, BAIC will set up production bases in East China and the western region in the future, and BAIC is conducting preliminary research on new mergers and reorganizations.
In fact, the ultimate goal of BAIC is not limited to the domestic market. Zhang Xiyong said that in the future, the establishment of the Beiqi International Development Company will become the carrier for its internationalization. Beiqi plans to build 400,000 full-scale vehicle export manufacturing scales in 2020, of which more than half of the products are manufactured overseas.
Faced with such a high-profile goal, the industry is generally concerned that it will urgently need to raise at least 10 billion yuan from the capital market for acquisition, R&D, and channel construction in the next two years. In this regard, Zhang Xiyong said that in the first half of next year, Beijing Automotive Industry Co., Ltd. will complete the listing of H shares, and BAIC will complete 2.2 million vehicle sales this year, achieve operating revenue of 270 billion yuan, and achieve a total annual profit of 17 billion yuan.
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