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Shandong Head Office of Automobile Industry is a Provincial economic organization approved by Shandong Provincial Government. It's authorized the management function of automobile and motorcycle industry of the whole province. Of the comprehensive function of production and management, scientific research and development, staff training, capital circulation, foreign trade and information service etc., it's in charge of planning and programming, policy guide and in-line service of more than 200 enterprises in the province. Through foreign cooperation organized by Shandong Association of Automobile Manufacturers, the company has attracted merchants and capital, reinforced technology service and exchange, accelerated civil science and technology exchange of automobile between countries.
The company is also devoted to strengthening of itself while accelerating development of the industry. There are 9 subsidiaries now, which are all production and manufacture enterprises, including 2 entire car manufacture enterprises, 1 refit car manufacture enterprise and 6 parts & accessories enterprises. It's of the annual production capacity of 50,000 light-duty trucks, 8,000 refit cars and automobile parts and accessories of 1 billion yuan. Now there are over 8,900 staff in the company and the total capital is 2.61 billion yuan. Main products are light-duty truck, refit car, farm truck, tractor, driving axle, automobile gear, engine conrod, automobile brake valve, automobile armor plate spring, automobile circular spring, thermoregulator, thermoswitch, engine oil pressure alarm and sensor etc. The market occupation rate of refit cars is No.1 in China, that of thermoregulator and thermoswitch is also No.1 in China, that of automobile brake valve is No.2 in China, that of driving axle is No.2, that of automobile armor plate spring is No.4 and that of ligh-duty trucks is No.6 in China. In 2002, the company has accomplished gross industrial output value of 2.19 billion yuan, profit payments and tax turnover of 130 million yuan and import and export value of 22 million USD.
Cooperating with Korean Daewoo Company, the company founded the jont venture of Shandong Daewoo Automobile Parts & Accessories Company in 1999, which is engaged in production of chassis system of saloon cars. Main products are parts and accessories assembly of sallon car redirector, brake, air conditioner, suspension system etc. Shandong Daewoo Automobile Parts & Accessories Company has also become an automobile parts and accessories production base of large investment, high grade and advanced technology in China.
In the face of strategic system establishment of joint venture, cooperation and joint development in automobile industry after entering WTO and fierce automobile market competition, the company would like to cooperate with friends both at home and abroad to accelerate development of automobile industry on the basis of existing advantages. Welcome to Shandong for investment and cooperation.
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