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The average annual income of employees exceeds 180,000 and the revenue of the company exceeds 900 billion yuan
The average annual income of employees exceeds 180,000 and the revenue of the company exceeds 900 billion yuan. FAW Group sets new targets for the next five years.
In the next five years, that is, by 2023, during the new party appointment period, the group company achieved sales of more than 5,9 million vehicles, operating income of more than 900 billion yuan, profits of more than 80 billion yuan, and per capita income of more than 180,000 yuan. By 2030, the Group will become a world-class mobile travel service company, making China FAW an important force in Chinese automotive industry and the world automotive industry. The new party congress of FAW Group has clarified the term of the new party committee and the main tasks for the next five years.
According to the disclosure of the official website of FAW Group, on November 27th, 2018, the 14th Party Congress of the Communist Party of China China First Automobile Group Co., Ltd. was held. The meeting was presided over by Xi Guohua, deputy secretary of the party committee of the group company and general manager. Xu Liuping, secretary of the party committee of the group company, made a work report.
The report released by FAW reviewed the main achievements since the 13th Party Congress of China FAW, especially since the 18th National Congress of the Communist Party of China. First, it adhered to the leadership of the party and achieved solid results from the strict administration of the party. Secondly, it is all-out, meticulous, and fully fulfills the tasks assigned by the central government. Thirdly, it is to comprehensively deepen reforms, and the production and operation have reached a new level. Fourthly, it is to care for employees and firmly fulfill their social responsibilities.
In the above-mentioned business objectives, FAW pointed out in the above report that in the next five years, China FAW 2025 strategic vision planning will be taken as the guide, and the four major aspects of work will be earnestly pursued. First, comprehensively strengthen party building and firmly promote comprehensiveness. From the strict administration of the party to the development in depth. Secondly, it is to improve the political position, strengthen the mission, and fully accomplish the tasks assigned by the central government with a high degree of responsibility. Thirdly, it is to unswervingly promote transformation and upgrading and high-quality development. Fourthly, it is caring for employees and fulfilling their social responsibilities.
Judging from the objectives disclosed by the new party congress, during the 13th Five-Year Plan period, three state of FAW, Dongfeng and SAIC all owned car enterprise groups have set a ambition to enter “6 million vehicles + era” and “world class” in the future. The car giant is "going forward."
At the end of June this year, Dongfeng Motor Group held the ninth party member congress, which proposed “three leading, one leading”. It included leading in the industry of quality, leading in the independent industry and leading in emerging business. And Dongfeng employees took the lead in high quality and took the lead Enjoy a beautiful life in a new era. The specific target for sales is to sale exceed 6 million units.
At the end of August last year, SAIC held the fifth party member congress. Although it did not propose specific sales targets for the next five years, it proposed the goal of “global production and sales scale to a new level and China’s market share continues to lead”. Enhance self-owned brands, accelerate the development of new technologies such as smart interconnection, and arrange mobile travel and other content.
As the leader of the domestic auto industry, SAIC Group's sales in 2017 are close to 7 million units, and it is expected to reach an annual sales of 10 million units during the 13th Five-Year Plan period. From the current sales rankings of global auto giants, the sales of Volkswagen, Toyota, GM and Renault Nissan Alliance are about 10 million units a year, and the companies in the second echelon of Hyundai, Ford and Honda are 5 to 6 million in the size of the car.
From the current point of view, the top ten companies in 2017 are SAIC, Dongfeng, FAW, Changan, Beiqi, GAC, Geely, Great Wall, Brilliance and Chery. The above-mentioned ten enterprises sold a total of 25.56 million units, a year-on-year increase of 3.2%, which was 0.2 percentage points higher than the industry growth rate, accounting for 88.52% of the total automobile sales, which was 0.2 percentage points higher than the previous year. Among them, the overall sales volume of SAIC Group was 6,93 million, and that of Dongfeng Group was 4,121 million, while the sales volume of FAW Group was 3,346 million. Although the sales of the three major automobile groups are very impressive, the proportion of autonomous vehicles, especially autonomous passenger vehicles is very small.