This year's profits and taxes will be more than one billion yuan restructuring of China's heavy truck made phased results


This year's profits and taxes will be more than one billion yuan restructuring of China's heavy truck made a phased outcome December 24, 2003 09:14 Economic Daily News reporter Jiang Fan reported "China's heavy truck restructuring has achieved initial results, the State Council s goals All of this has been achieved.” This is the latest news from China National Heavy Duty Truck Group Chairman Ma Chunji when the China National Heavy Duty Automotive Business Conference was held on the 18th of this month. China's heavy-duty truck group was once China's "automobile boss." As the cradle of China's heavy-duty trucks, China National Heavy Duty Truck is the birthplace of China's first Yellow River brand heavy-duty truck; and China National Heavy Duty Truck Steyr project with an investment of 1.4 billion yuan is China's first full-scale introduction of heavy-duty vehicle manufacturing. technology. However, in the 1990s, heavy-duty trucks suddenly turned down. In 2000, the survey conducted by the Central Survey Group at Sinotruck indicated that the total liabilities of the CNHTC Group were 13.8 billion yuan, and the total debt ratio was as high as 128%. In July 2000, the 74th Prime Minister's office of the State Council decided to strategically restructure SINOTRUK and retain the title of CNHTC as the core and main body of SINOTRUK. It was placed under the management of Shandong Province and was granted debt verification. A series of major preferential policies such as the reduction in staffing and distribution and financial subsidies support. On January 18, 2001, China Heavy Truck Group Co., Ltd. was formally established. Nowadays, the staged goals of “turning losses in a year, making profits for two years, and three years of development” have been fully realized at the time of reorganization. From recovery to leap-forward development, it has become a new target for the development of heavy-duty trucks. From January to November 2003, under the heavy demand of domestic heavy-duty vehicles, China National Heavy Duty Truck produced and sold 24,417 vehicles, of which 19,692 were heavy-duty vehicles, and 88,490 engines were sold and sold. The sales revenue was 14.244 billion yuan, and the profit and tax 9.79 were realized. Billion, the main indicators increased by more than 60% year-on-year. It is expected that the original target of sales revenue of 15 billion yuan and profits and taxes of 1 billion yuan will be exceeded in the year. In the forthcoming 2004, which is the fifth year of CNHTC's reorganization, CNHTC put forward a higher target: to produce and sell 40,000 heavy-duty vehicles, to produce and sell 120,000 Steyr engines, and to achieve a sales revenue of 200 100 million yuan. Focusing on the goal of a new level in 2003, CNHTC put forward the need to focus on the implementation of the “Four Strategies”. The first is to vigorously implement the technology leadership strategy. Adhere to the market, improve the four platforms to meet the individual needs of users; Second, vigorously implement the regionalization strategy, comprehensively improve the marketing quality, standardize business activities, and build a marketing network with 50,000 capacity according to the goal of building 40,000 vehicles; Vigorously implement low-cost strategy, adhere to low cost and high quality, and enhance market competitiveness. Fourth, we must vigorously implement the strategy of internationalization. Under the new situation of reorganization of international production factors and industrial transfer, we must boldly go out and introduce companies to improve the international market. Level. As one of the most important achievements of Sinotruk reform and reorganization, China National Heavy Duty Truck's marketing network is reborn. At present, it has built 576 special dealers, 127 refitting plants, 54 4S shops, and 250 maintenance service stations. Covers a nationwide marketing service network. The enhancement of technological innovation capabilities and the improvement of product development capabilities are also the focus of Sinotruk reform and restructuring. Since this year alone, China National Heavy Duty Truck has developed more than 110 new models and completed 190 patent applications. At present, Sinotruk has more than 760 products of various types. The overall design work for the next generation of products enhanced with VOLVO technology has been completed and will be launched next year; the Prince of the Yellow River, which has been produced by the technology of the famous heavy-duty vehicle manufacturer Mann, will be put on the market; the three major series of Steyr, Steyr, and Dragon The model has been fully upgraded; the development of a series of military vehicles has become the main equipment of our military; the major transportation tasks for the launch and recovery of China’s No. 5 manned spacecraft are also the Chinese CNHTC products. From 4x2, 6x2, 8x2, 6x4, 8x4 to all all-wheel-drive models, the length of the car is properly partitioned from the shortest to the longest, with power from 180, 210, 260, 280, 310 , 336, 360 up to 420PS, China National Heavy Duty Truck has built the most complete domestic spectrum of heavy truck spectrum. In 2003, the most industry-focused news for China National Heavy Duty Truck was no more than a joint venture with Volvo, the world's second-largest truck manufacturer. The joint venture negotiations took eight years to complete. When asked about the visit of Volvo's senior delegation to China National Heavy Duty Truck at the beginning of this month, Chairman Ma Chunji told reporters: “The visit of Volvo's delegation was mainly to study the step-by-step goal of the agreement reached by the two parties, and the agreement reached before that date was specific. The two sides also reached an agreement on the localization of the main assembly. The progress of the joint venture project is faster than we originally thought. At present, the joint venture company has trial production conditions and will form mass production next year." And China National Heavy Duty Truck and the same company The assets replacement of Xiaoya Electric, a home appliance manufacturer in Jinan, has now been approved by relevant departments. In this regard, Ma Chunji, chairman of the board, said, “Duckling’s products, debts, and personnel are not available in future listed companies. Only the assets related to heavy-duty vehicles are produced. We just replaced the ducklings with assets and acquired a 'shell'. . "(author: Jiang Fan)
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