Changan Group's sales revenue exceeded RMB 50 billion in 2007


On December 29, 2007, Xu Liuping, chairman and president of Chang'an Group, officially announced to the public that as of the same day, Chang'an Group's annual sales revenue reached 57.377 billion yuan, becoming the first 50 billion yuan enterprise group in Chongqing.

The third party congress held in Chongqing in March 2007 proposed a call to build a batch of 50 billion yuan enterprises in Chongqing. According to the latest statistical data, Changan Group produced a total of more than 870,000 cars and sold more than 850,000 cars in 2007, an increase of over 20% year-on-year; sales revenue reached a record high of 57.377 billion yuan, far exceeding 50 billion yuan. The goal.

Chang'an Group is currently the largest domestic manufacturer of small cars and engines, and is one of the leading companies in China's auto industry for independent innovation. From 2001 to 2007, Chang'an Group's annual sales revenue increased from 10 billion yuan to more than 50 billion yuan, with an average annual growth rate of more than 34%; Chang'an Automobile's market launch volume has achieved nearly 5 times growth, and in 2001 Changan Automobile accumulated. The market reached 1 million vehicles, reaching 3 million in 2005 and 4.7 million in 2007.

In respect of the layout of production capacity, Chang'an Group has formed four production bases of “Southwest, East China, Central China, and North China”. Among them, the Southwest Base includes the headquarters of the Group, Changan Ford Mazda, Changan Suzuki, and Chang'an Industrial Park. By 2010, it will have an annual production capacity of 1.7 million vehicles. The East China base includes Nanjing Chang'an, Changan Ford Mazda Nanjing Engine Co., Changan Ford. Mazda's Nanjing No. 2 Plant has annual production capacity of 400,000 cars and an annual production capacity of 500,000 engines. The Huazhong Group is mainly owned by Jiangling Holdings. It has three brands, namely Landwind, JMC and Quanshun. It will form an annual output of 300,000. The total vehicle production capacity; North China base includes Hebei Chang'an and Hebei Baoding buses as the main export base of Chang'an Group.

In terms of R&D investment, during the “Eleventh Five-Year Plan” period, Chang’an Group will invest RMB 6 billion in independent innovation and focus on building 7 car platforms, 5 mini-vehicle platforms and 3 new engine platforms.


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