Chang ' an expands test capital operation force

Source: Internet
Author: User
Keywords Capital operation Changan
Tags business business integration cross cross-border development enterprises force group
Since this year, Changan Group through the business integration, mergers and acquisitions, joint ventures, Cross-border acquisition and capital operation of the five major strategies, will achieve the leap-forward production and marketing scale upgrade.  However, the Chang-an group's frenzied acquisition of funds gap appears to worry. The latest statistics show that in 2009, Changan Auto acquired the "micro-car four Tiger" in the Hafei, Changhe two tigers, micro-vehicle forces suddenly expanded. The new Chang ' an group of three companies in the first 4 months of this year, a total of 912,700 sales, an increase of 56.94%.  Sales ranked the national automobile production enterprises Second, and the third Dongfeng Group has nearly 60,000 vehicles gap. For the blowout growth, Changan automobile plan in the next two or three years, to achieve 2 million sales, the next 10 years of production and marketing to reach 5 million vehicles of scale.  In addition to mergers and acquisitions, Changan also needs to expand in the internal production, to achieve the goal of constantly overstating. It is reported that 11th Changan Automobile Group signed a strategic cooperation agreement with Harbin City. According to the agreement, in the next few years Hafei cars will increase product development, manufacturing and marketing efforts. It is expected to achieve annual sales of 500,000 vehicles by 2012. And not long ago, there is news that Changan is planning a second factory car project in Chongqing.  The growing capacity and size of the growing, while the industry is worried about the capital Gap Changan car. Previously, Changan Automobile has proposed to raise capital of 4 billion yuan, investment production line expansion renovation project, small displacement engine industry upgrade project and independent research and development capacity-building projects.  But the stock price of the way down, so that Changan car fundraising situation is not ideal, and Changan Group will invest heavily to give Hafei, Changhe automobile in development planning, increase investment, expand financing and other 9 support.  At the same time, under the crazy expansion of its micro-vehicle business growth has begun to slow, statistics show that Changan car sales in April, the chain of decline, and the 1.6L passenger car under the promotion of preferential policies weakened, has made the micro-vehicle based Changan Group felt the sales pressure. Fortunately, however, the auto industry's first-quarter earnings show that Changan has hit a record net profit growth of more than 26 times times in the first quarter, with sales up 86%.  and Changan automobile exports also has increased, the first 4 months of export volume ranked second in the national automotive industry, year-on-year growth of nearly 47%.  Tridong, Deputy Secretary-General of the Federation, predicts that the rapid growth of the national economy and the recovery of automobile overseas exports make the profit of listed vehicles in the first quarter generally increase, but the level of earnings growth in the next few quarters will fall sharply. With the beginning of Chang ' an automobile sales plan and expansion projects continue to improve, the current Chang ' an automobile has appeared the trend of high profits of enterprises, in the sales scale appears to slow down, how to stabilize the current market position, continue to increase research and development investment, back to the normal track of sustainable development of enterprises, This is perhaps the most timely question that Changan group should think about.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.