Fujian Autos Continues Mitsubishi is Expected to Directly Enter Shareholders South Automotive


Xinhuanet Fuzhou January 6 Specialized Radio (Rao Fengwei) The cooperation between Mitsubishi and Fuqi Group has entered into a substantive deepening stage; Taiwan’s China Automotive Technology R&D Center has been moving westward for official operation in 2005; Mitsubishi Gelan is actively developing and is expected to The Southeast Automotive Line; Mercedes-Benz commercial vehicles, will also be listed in early 2006; Fujian automotive industry is fully integrated, is intensely ... ... one good news continues to come. Ling Yuzhang, general manager of Fuqi Group, and Liu Xingtai, general manager, said in an interview recently that the Fujian automobile industry will target the three major development strategies in the future, and it is expected that by 2006, the Fujian automobile industry will enter a major stage of development. Concern 1: The Southeast Automotive R&D Center officially started operations in 2005 at the Fujian-Taiwan Automobile Cooperation and Development Forum held in November 2004 in Fuzhou, revealing a message that Southeast Automotive will establish its own R&D center and the establishment of an R&D center will be very To a large extent improve the core competitiveness of the Fujian automobile industry. The southeast automobile R&D center was transferred from Taiwan Chin Motors. In response to questions, Lingqi Zhang, chairman of Fuzhou Automotive Group and Southeast Automotive, said that the design, preparation, and other aspects of Southeast Automotive are all in place and will begin operations in 2005. In terms of software, it started in 2004. The preparatory work for R&D software, talent training, etc. has also started in 2004. Concern 2: Mitsubishi is expected to directly enter the shareholders. South Motors faces Mitsubishi’s rumors that it will soon enter shareholders’ South Motors. Ling Yuzhang said that strengthening international cooperation with Mitsubishi is one of the important strategies for the development of Southeast Automotive in the future. Regarding cooperation with Mitsubishi, Ling Yuzhang said that in the past few years, Southeast Automotive has cooperated with Mitsubishi in product cooperation. Because the original technology of Southeast Automotive's main products is Mitsubishi's, and then after the Chinese automobile's digestion, improvement, and improvement, and then reflect the Chinese nation's culture and transform. The cooperation between Mitsubishi and Fuqi is very close. In the past, it was more about cooperation in automotive product technology. In the future, the two sides will also negotiate on cooperation in equity. Although the specific process of cooperation between Mitsubishi and Fugas was not disclosed, Ling Yuzhang said that the current cooperation with Mitsubishi is being more substantively deepened, and will be announced to the outside world at an appropriate time. Mitsubishi will continue to introduce suitable products into Fujian in the future. ,in production. In terms of international cooperation, there is also the cooperation between Fuqi Group and Daimler Chrysler. This project has also been approved by the state. Formally registered in 2005, construction began. The Daimler Chrysler Benz Commercial Vehicle is also manufactured in Fujian and is expected to be available for sale in early 2006. Concern three: Hanging Mitsubishi car standard is still negotiating on Southeast China Auto Mitsubishi Gelan offline news, Southeast Automotive General Manager Liu Xingtai said that this model is currently actively research and development. There are rumors that the Southeast Mitsubishi Gelan will use Mitsubishi's trademark in the future. In this regard, Liu Xingtai, general manager of Southeast Automotive, said that he is currently negotiating with Mitsubishi and has not yet done the final. Decision. However, he said he is confident that he hopes the car can be linked to Mitsubishi's logo. However, because we are still talking, we can't guarantee it. At present, we cannot give a positive reply. Concern 4: Fujian's auto industry will fully integrate Ling Yu Zhang said that the entire Fujian Auto and Southeast Auto Group basically adopts three strategies. The first strategy is the intra-provincial joint, the province's entire vehicle and parts and components companies are united, and three industries are laid out. The group formed an industrial chain. Second, through the cooperation between Fujian and Taiwan, through 10 years of hard work, the company laid the foundation for the automotive industry. The third level is to carry out international cooperation. In addition, Fuqi is currently integrating the province's automotive industry. Ling Yuzhang said that at present, the province’s automobile industry is undergoing consolidation, transformation, reorganization, and restructuring. It will be able to show up next year. In 2005, it will also adjust and develop while forming three major industrial clusters in central Hebei, southern Anhui, and northern Yunnan. In 2006, the Fujian automobile industry will usher in a new period of rapid growth. Ling Yuzhang said that the Fujian automobile industry will form a product system of medium, high and low-grade models such as pickup trucks, cars, and commercial vehicles. Fujian’s automobile industry is deepening in depth after a decade of cooperation between Fujian and Taiwan and is moving toward international The stage of cooperation.