Has always insisted on a conservative style development of the Great Wall vehicles in the domestic automobile market to accelerate the expansion of “catalyst”, began to change. Compared to already large scale expansion of BYD, Chery, Geely and even the Great Wall would seem a bit late, but it still want to play the “quality” brand in the domestic automotive market in the Red Sea to find a blue ocean.

Last week, come to Beijing to attend the two sessions of the NPC, Hebei Great Wall Motor Company announced the company’s CEO Wang Fengying the next five years development plan, with the previous strategy of the company’s relatively conservative compared to the planning appears to be very “aggressive.”

Great Wall Motor is not only over the next five years, sales increased to more than 8 times now, and 2015, each year, a capacity of at least 300,000 base production, respectively, in Tianjin, Baoding and other places. Last year, a total of 225,000 sold cars Great Wall Motor plans to achieve production capacity in five years after the two million, almost ten times as many sales.R & D, the Great Wall Motor plans to achieve prescription cialis online the next five years, engine, gearbox to keep pace with global technology, which the general and manufacturing standards for vehicle manufacturers with the world there is a certain gap between Kamagra Gold the level of domestic enterprises, own brand cars, is quite a radical goals . The Great Wall Motor plans to invest 3.0 billion, as five years R & D investment, “technology innovation and the new target in the next five years, can achieve.” Feng Ying Wang says with confidence.

In order to complete a series of capacity expansion plans, ample liquidity over the years, whether or subsidiary corporation are not loans, liabilities, Great Wall Motor Company began pondering a variety of ways refinancing.”Great Wall Automobile ready to return to A shares, are waiting for a better opportunity, not later than 2013.” Feng Ying Wang In an interview with “First Financial Daily” and other media reporter, voice certainly revealed the news.Great Wall Motor has the first half of 2008 once the SFC submitted applications for return of A shares, but not reviewed by the SFC. After the domestic A share market into a slump, Great Wall Motor plans to return to A shares held in abeyance.

At present, Hong Kong stocks listed Great Wall Motor, and actively looking for opportunities to return to A share market. Wang Feng ying said the auto companies are now listed on the capital market for financing have become relatively optimistic, the recent part of the auto dealers businesses are beginning preparations for the GEM shows that the capital market for the next few years, continued growth in domestic car sales to determine a more optimistic, automotive corporate finance road has become more smooth.At the same time, since 2009 annual consolidated profits of Great Wall Motor to achieve substantial growth in the China Construction Bank, Bank of China, ICBC, Minsheng credit amounted to more than 20 billion yuan, therefore, never to the bank borrowing Great Wall Motor, also pondered the money with the bank rapid rolling development, expand enterprise scale.

Wang Feng ying said frankly that the beginning of the discussion inside the company to change the strategy does have a lot of pressure, “but a special market opportunity for us to decide rapid development, based on two premises, first, the domestic market, now more than at any time in the next 10 years, twenty years will not necessarily happen again such an opportunity. the other is the international market. ”

In the three or four years ago, BYD, Chery, propecia generic online Geely and other auto companies have already four independent brands staking their claims to expand the production capacity, car sea tactics to BYD, Chery’s sales target this year, has risen to 700,000 and 800,000 vehicles.

But this year, after holding some high beating, some businesses or changed business strategy, Chery this year’s theme of development into a “fine till 2010”, gave up the practice of blindly expanding the size of the blind. Geely Automobile is also actively seek “foreign aid” in upgrading the brand devote more energy.

Su Hui auto industry veteran who believes that the current industry are generally optimistic about their own brands, their own are also seeking a new breakthrough in the development. Therefore, market opportunities, as long as suited to the characteristics of enterprise development, strategic transformation, have no doubt.In the Great Wall Automobile view, the next five years will probably be the final blow China’s automobile year, “When the market reached 20 million annual sales, when such a large base, the market would not have 40%, 50% of such a high The increment will reach a balance. “Feng Ying Wang predicted.Great Wall Motor Company hopes to seize this last opportunity to realize a leap, I hope not too late.

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