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The strategic alliance between Dongfeng Group and Volvo Group will have a decisive impact on the development of Dongfeng Commercial Vehicle Co., Ltd. It will also form a chain reaction in Dongfeng Enterprises closely related to the Dongfeng Commercial Vehicle Business. In order to allow the employees to better understand the cooperation between Dongfeng Group and Volvo Group, strengthen their confidence and take the initiative to adapt to the development of the new situation, on February 20, Dongfeng Commercial Vehicle Company held a large-scale briefing on the strategic alliance between Dongfeng Group and Volvo Group. Participated in the meeting were some of the cadres of Dongfeng Commercial Vehicle Co., Ltd. and grass-roots units, Shiyan Management Department, Dongfeng Parts Group Company, Dongfeng Equipment Company, Dongfeng Industrial Company, Dongfeng Special Commercial Vehicle Co., Ltd., which are closely related to Dongfeng Commercial Vehicle Business. Some leaders and employees of the Shiyan base brother unit were invited to attend the meeting.
Huang Gang, general manager of Dongfeng Commercial Vehicle Company, gave a briefing and Li Jingqiao, party secretary of Dongfeng Commercial Vehicle Company, presided over the briefing.
Huang Gang said that the strategic cooperation between Dongfeng Group and Volvo Group is based on the principles of high efficiency, mutual complementarity, synergy, and win-win. Through cooperation at the capital level and the business level, it has established cultural integration, institutional innovation, resource sharing, and global orientation. Long-term stable strategic alliance. The vision of strategic cooperation is to become the most competitive commercial vehicle alliance in the world. The two parties will contribute their own development experience, technical advantages and strategic resources in the strategic alliance to jointly create new product advantages, institutional advantages, marketing advantages and brand advantages, enhance the value and status of their respective brands in China and international markets, and realize the commercialization of Dongfeng Commercial. The goal of internationalization of the car and consolidation of Volvo Group's leading position in the world. Huang Gang said that the new company, Dongfeng Group, holds 55% of shares, Volvo Group holds 45% of the shares, and registered in Shiyan City, with registered capital of 9.2 billion yuan. Its main business includes R&D, manufacturing, logistics, transportation, procurement and sales of key components such as heavy-duty trucks and chassis, large and medium-sized buses and chassis, special vehicles (including construction vehicles) engines and transmissions. After the joint venture, the company will strengthen its independent research and development capabilities; accelerate the development of overseas strategic markets, accelerate the internationalization of the brand; accelerate the development of the level of business, optimize the company's profit structure; resource sharing, through the scale of cost sharing; pull the industrial upgrading of Shiyan base and promote the economic development of Shiyan .
For the future development of Dongfeng Commercial Vehicle Corporation, Huang Gang said that by 2021, the new company must enhance the core competitiveness of the entire value chain; it must consolidate its first market position in the country and become Asia's leading brand, eventually becoming a global brand; With the support of shareholders of both parties, we must vigorously promote the realization of a coordinated strategy to ensure the sustainable profitability growth of the company.
Huang Gang said that in the new situation, we should be fully prepared to have a global vision, thinking, ability and values, the perspective of the international capital market; open mind, learning attitude, and the Volvo Group can be formed Trusted partnership; inherited the spirit of self-improvement Dongfeng, relying on the support of independent partners, committed to strengthening the independent development ability, continuous learning, continuous innovation, and constantly surpassing.
Li Jingqiao said that the strategic alliance between Dongfeng Group and Volvo Group is an important measure to enhance the value of Dongfeng Commercial Vehicles' own brands, and is a major step for Dongfeng Commercial Vehicles to fully integrate into the international market from the domestic market, and is a new starting point for Dongfeng Commercial Vehicle Company. The establishment of a strategic alliance has brought new cooperation, new businesses, new journeys and new hopes. In the future, Dongfeng Commercial Vehicle Company will take the opportunity under the leadership of Dongfeng Company and take the courage to take on the responsibility. Under the new business model, China’s Dongfeng As soon as possible to create the world's east wind.