·Dongfeng Industrial Co., Ltd. Xinli

On December 29, 2017, Dongfeng Industrial Co., Ltd. Xinli and "Columbus Plan" conference was held in Shiyan. The establishment of the new company marks the successful completion of the restructuring of the state-owned factories and large collective enterprises involving the largest number of personnel, the largest amount of assets, the largest number of enterprises and the most complicated situation in recent years. It also means that Dongfeng Industrial Company is becoming The market-oriented independent legal entity and market competition subject have taken a critical step, laying a solid foundation for Dongfeng Industrial Co., Ltd. to renew its vitality and achieve healthy and sustainable development.
Li Shaocan, general manager of Dongfeng Company, deputy secretary of party committee, Liu Weidong, member of the party committee and deputy general manager of Dongfeng Company, He Wei, deputy secretary of Dongfeng Motor Group Co., Ltd., assistant to general manager of Dongfeng Company, Luo Yuanhong, chairman of Dongfeng Industrial Co., Ltd., Shiyan City Municipal Party Committee Secretary Zhang Weiguo, Mayor Chen Xinwu, Vice Mayor Zhou Feng, Zhang Huili and Dongfeng Industrial Co., Ltd. employee representatives attended the meeting.
It is understood that in the context of the country's comprehensive deepening of state-owned enterprise reform, in July 2017, the Dongfeng Company Party Committee reviewed and approved the restructuring plan of Dongfeng Industrial Co., Ltd. On August 28th, Dongfeng (Shiyan) Industrial Co., Ltd. held a workers' congress and voted through the voting method of “Dongfeng Industrial Co., Ltd. (factory-run large collective) restructuring staff”. On September 19th, Beijing Equity Exchange officially accepted the application of Dongfeng (Shiyan) Industrial Co., Ltd. to transfer 85% of Dongfeng Industrial Co., Ltd. and publicly listed it. On November 6, the official transaction was completed, marking the official completion of the restructuring of Dongfeng Industrial Co., Ltd.
Li Shaocan said that after the completion of the restructuring of Dongfeng Industrial Company, the party committee, headquarters and various departments and related sectors of Dongfeng Company will support the development of the new company in all aspects. It is hoped that the newly established Dongfeng Industrial Co., Ltd. will further emancipate the mind, adhere to the "stand on the mountain and see the world", take the courage to be the first to take the initiative, take the initiative to make breakthroughs in reform and innovation, achieve leap-forward development, and strive to reach the "Columbus Plan". The established "163 goal", that is, "by 2022, sales revenue exceeds 10 billion yuan, cultivating more than 6 small giant companies, and creating more than 3 companies with high energy and high energy". Li Shaochen stressed that to achieve sustainable development of the enterprise, Dongfeng Industrial Co., Ltd. should further deepen the internal reform of the enterprise, enhance the internal vitality of the enterprise and enhance the market competitiveness; it must conform to the development trend of the “five-oriented” of the automobile industry and vigorously develop new energy. Auto parts in the field of intelligent network connection, promote transformation and upgrading; strengthen R&D investment, accelerate technological innovation, continue to build core capabilities, and build a group of small giants in the industry; continue to promote business model innovation, explore and optimize cost sharing and benefits Sharing the cooperation mechanism to build a new cooperative relationship of vehicle parts; to accelerate the development of the company, let employees share more reform dividends and development results, and promote the formation of a good situation for enterprises and related parties to create a win-win situation.
Zhang Weiguo said that Dongfeng Industrial Co., Ltd. played an irreplaceable role in promoting local economic development, expanding employment, creating profits and taxes, and made important contributions to the economic development of Shiyan City. The establishment of the new company has adapted to the new requirements of the central deepening reform, and is also a milestone in the history of economic development in Shiyan City. In the future, the Shiyan City Municipal Party Committee and the Municipal Government will provide a first-class service to implement the medium-term business plan of Dongfeng Industrial Co., Ltd. and build a small giant enterprise of auto parts to create a more relaxed and harmonious development environment.
Luo Yuanhong said that at present, Dongfeng Industrial Co., Ltd. is still on the road to comprehensively deepen reforms. It is a long way to go to build core competitiveness, and it is urgent to speed up the pace of development of the industry. In the future, all employees of Dongfeng Industrial Co., Ltd. will cherish the great situation of deepening reform, bear in mind the mission, fulfill their duties, and strive to turn beautiful dreams into beautiful realities.
It is understood that Dongfeng Industrial Co., Ltd. has 32 subsidiaries, of which 13 are wholly-owned and 19 are joint ventures. It has two bases in Shiyan and Wuhan, and Shiyan is used as a supporting base for commercial vehicle parts. Wuhan is used as a supporting base for passenger car parts, and its business layout is radiated to Chengdu, Guangzhou, Zhengzhou and Tianjin. The parts and components cover automobile engine parts, body brazing parts, chassis system parts, non-metal parts and casting and forging blanks, etc., forming a complete series of commercial vehicles and passenger car supporting systems. In recent years, it has established joint ventures and partnerships with well-known domestic and foreign companies such as Lear of the United States, Cummins of the United States, ZF of Germany, Sanli of South Korea, Ricoh of Tianjin, Tianjin Automobile Mould, Zhejiang Yinlun, Italy PeG, etc. And made a good attempt to the internationalization process, and achieved good results.
At the meeting, Dongfeng Industrial Co., Ltd. released a new medium-term business plan - "Columbus" plan.

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