Order full products off Lifan shares encountered capacity bottlenecks test

At the annual shareholder meeting of Lifan stock held yesterday, Mingshan, chairman of the company, said that the listing to the enterprise has brought a new round of development opportunities, although the domestic car, motorcycle manufacturers due to the large environmental factors have been a decline in production and sales, but Lifan has continued to maintain a steady growth of good momentum, new bursting, orders are constantly　　, which brings a big test to the current company's capacity. According to Lifan shares announced the March sales and marketing letters, the company has accumulated the production of 21,102 passenger cars, 171,000 motorcycles, Qualcomm machine 93,000 units, the three sales were 24,630, 176,000 and 106,000, three major products are sold more than the production of the situation.　　Motorcycle engine output also reached 445,000 units, the year-on-year increase of more than 30%. According to Mingshan, and most of the domestic motorcycle manufacturers 70% to 80% of the operating rate is different, Lifan's current equipment, manpower utilization is close to 150%, this is the year since the year after the company's business orders for a significant increase in the number of products also appear to break the situation, had to delay 1 months delivery　　On the other hand, is the company's supporting manufacturers of spare parts supply has not keep pace with the development of enterprises, the company has taken special cash to pay the way to ease the financial pressure of supporting providers. But Mingshan also admits that this actually reflects the company's current lack of capacity to bring the bottleneck effect. It is reported that with the completion of the company's investment project after July this year gradually completed and put into production, during the year, its capacity will be expanded from the current 50,000 to 100,000 vehicles, plus beibei, the second micro-vehicle base of the fish mouth base, the second car base construction, is expected to 2015 the company's car capacity will reach 400,000/year level, Quadrupled from last year.　　At the same time, the company in Guangdong, Shandong, Zhejiang Investment in the acquisition of motorcycle enterprises, as well as new plant production line expansion, the company will be able to add nearly 1 million motorcycle capacity every year. "With other domestic manufacturers to take a joint venture with foreign countries, Lifan always adhere to the independent innovation, independent brand development, we also believe that this will be a steady, first bitter after the sweet road of happiness." Mingshan is confident in the future of Lifan. Responsible Editor: NF045