South Auto Reorganizes Shanhai Heavy Truck Co., Ltd. to be listed and communicates with China Securities Regulatory Commission


On June 13, 2007, China National Armored Equipment Group Southern Motors signed a strategic agreement with Taiyuan, Shanxi Province for the production of heavy-duty vehicles. It is understood that in 2015 the project investment will reach 70-80 billion yuan, after the first phase of the project will be put into production after the annual production and sales capacity of 15,000 heavy trucks. Ma Junpo, deputy general manager of the Southern Automobile Development Strategy Department, said that Shanxi Province will provide financial support for this project and have a shareholding intention.

As to whether Southern Motors has built a heavy-duty vehicle production base in Taiyuan related to the overall listing of Southern Auto, Ma Junpo said that this project has nothing to do with Southern Auto's listing. The development of commercial vehicle Nanfang Automobile was brought up long ago. There is no time for the listing of Southern Auto. table. In response to this problem, Yin Jiaxu, president of Southern Automotive Group, said that he is currently communicating with the China Securities Regulatory Commission.

Shanxi's autos are lagging behind in the country, and the automotive industry has a weak foundation. Why did Southern Motors choose to build a heavy-duty truck base in Shanxi? Che Lianfu, head of the Heavy Vehicle Preparation Team at the South (Taiyuan) Group, said that Southern Motors has conducted heavy-duty vehicle research since last year. During the selection process, it has inspected automotive companies in Yunnan, Luoyang, Sichuan Nanchong, and Hebei Handan. , Comprehensive consideration of the final choice of Shanqi. Shanqi has a heavy truck product catalog with a full set of technical documentation of Dongfeng 153, and the Shanxi Provincial Government attaches great importance to this project. The original company's corporate burden will be solved by the local government. In addition, Shanxi heavy truck sales are very large, accounting for about national sales. 10%.

At the signing ceremony, Governor Yu Youjun of Shanxi Province stated that in order to adjust the industrial structure of Shanxi Province and strengthen the equipment manufacturing industry, he hopes to further cooperate with the Armament and Equipment Group in materials processing and other aspects besides cooperating with Southern Auto to produce heavy-duty vehicles. .

Southern Auto has a wide range of products, including micro-vehicles, cars, passenger cars, and light trucks. South-West and East China have their own auto bases. In order to complete the auto series, Southern Auto finally chooses to distribute heavy-duty trucks in Shanxi to cover North China and Northwest China. Northeast industrial layout. Ma Junpo stated that since there are many military and industrial enterprises in Shanxi, and there are more historical sources in the weaponry and equipment industry, it is also necessary to use the heavy vehicles to make the South China Auto and Shanshui together.

According to Ma Junpo, the technical source of heavy vehicles in the south (Taiyuan) will be divided into three parts, some of which will utilize the existing heavy-duty vehicle resources in Shanxi, and will also be independently developed through cooperation with the Chang'an Institute of Technology and automotive colleges. In addition, they will also use international resources. Technical resources.

At present, China’s heavy-duty vehicle market is highly competitive, and heavy-vehicle, FAW, FAW, Beiqi Foton, Jianghuai and other automobile companies that produce heavy trucks already have considerable strength. Southern Autos has entered the heavy-duty vehicle manufacturing industry with limited technical resources for heavy vehicles. The field, and regards it as the key item after the car, can see the desire and determination of the Southern Automobile to do a full range of car groups.

MTU Engine Generator

WEIFANG CHAORAN GENERATING EQUIPMENT WORKS , http://www.chaoranpower.com

Posted on