Activating stocks strategic upgrade of Beiqi auto parts industry


In addition to the four automakers including Beijing Hyundai, Beijing Benz, Beiqi Foton and Beiqi, Beiqi Holding also has more than a dozen parts and components companies such as Beibei Group, Beidai General Factory, Runyu Interior, and Jihua Meter. Combining these scattered resources to form a parts supply system around the four major vehicle companies will be one of the priorities for the development of Beiqi Holdings, which is headed by Xu Heyi.

Lack of linkage The development of spare parts industry is lagging behind

Beijing's automobile industry was once a pillar industry of the capital economy. However, since 1996, the entire industry has experienced a decline in production and sales, and most of the companies are in a state of loss. After the establishment of BAIC Holdings in 2000, it immediately carried out strategic adjustments and relied on Beijing's huge auto market to gradually form the production and sales scale of Beijing Hyundai, Beiqi Foton, Beijing Benz and BAIC Limited's four auto factories totaling 700,000 units.

However, there are still some problems in the future development of BAIC. When the cooperation with foreign countries drives the overall development of the Beijing auto industry, there is no component supply system for the development of the brand, especially the fast-developing sedan, optional parts and components The industrial base is even weaker.

In 2003, Beiei Engine Components Co., Ltd., after fierce competition with the industry, took off the camshaft production project from Beijing Hyundai, which is the only one of Beiqi's sole proprietors for the production of main components for Beijing Hyundai Motor. State-owned enterprises.

It is not that BAIC did not develop the parts and components industry. According to an informed source from the Propaganda Department of the Beijing Auto Holding Party Committee, after Beiqi was changed to a holding company in September 2002, it has been writing articles on the coordinated development of internal integration. For example, it completed the adjustment and reorganization of North Tooth and Warner, and set up a new North Gear Factory. It also deepened internal reforms for Beiqi Automobile, and separated the main specialized plants such as carburetor and radiator.

The key is that the Beijing automobile industry has not had a car project. The technical accumulation and matching environment in this area is still not mature. This has led to the lagging development of the accessory industry of the auto parts industry of BAIC, which basically relies on the joint venture party. Moreover, these joint ventures are also Respectively state.

Beijing Hyundai's spare parts supply system is based on a production base centered in Shunyi District, Beijing City. It mainly relies on the Korean side; Beijing Benz builds new parts of the project, including bodywork, assembly, engines, axles, and buses, according to the German routines. Facilities such as assembly are placed near the new factory and built in the parts and components industrial park. Beiqi Foton is also a completely independent component supply chain. The component parts of Beiqi's three major plates have always lacked a complete plan. How to coordinate the spare parts industry and integrate component resources will be a top priority for BAIC.

“Beiqi Holding must develop its clustering effect to develop. Due to the lack of linkage between enterprises, the advantages of the cluster are weakening at present.” Jia Xinguang, a well-known analyst in the automobile industry, said: “In the case of Guangzhou Auto, although the output is not large, the benefits are the first in the country. The annual output of Beiqi Foton is more than 300,000, and the profit is only about one billion yuan."

Activating stocks Strategic upgrade of parts and components industry

On December 29, 2006, the signing ceremony of "Beijing Asia-Pacific Automotive Chassis Systems Co., Ltd." invested by Beijing Automotive Brake Pump Factory under Beijing Automotive Holding Co., Ltd. and Zhejiang Asia-Pacific Mechanical & Electrical Co., Ltd. was held in Beijing. This move will be the beginning of Beijing Auto's extension of the auto industry chain and the establishment of auto parts industry base.

According to Guo Xinmin, the deputy general manager of Beijing Automotive Industry, the company is currently in contact with four or five well-known auto parts companies in China, in addition to Zhejiang Asia Pacific, and it is possible to reach a cooperation agreement with two of them in the near future. Beiqi also has many spare parts manufacturing companies. The joint venture with Asia Pacific is the original Beijing Auto Brake Pump Plant's stock assets. Creating a new spare parts industrial base can not only revitalize existing stock assets, improve the self-sufficiency of Beijing auto parts, but also radiate the Bohai economic circle and open up overseas markets.

On December 16, 2006, Beijing Automobile and Motorcycle United Manufacturing Co., Ltd. of Beijing Auto Group, Beijing Guanghua Auto Parts Co., Ltd. and Shandong Xinghua Leaf Spring Manufacturing Co., Ltd. signed a joint venture to form "Beijing Xinghua Leaf Spring Manufacturing Co., Ltd."; in August, the automaker Established a joint venture with Delphi in Changping District, Beijing to manufacture car seat belts.

According to the overall deployment of BAIC, BAIC is working hard to build a platform for the development of parts and components. As a company-listed company, this platform will rely on the development of Beijing auto vehicles, well-known parts and components companies inside and outside the United Nations, and focus on the development of high value-added, high-tech, low-pollution, low-energy-consuming parts and components projects to cultivate a batch of modular products. The company will systematically supply its core components and components to optimize the industrial structure of Beijing's parts and components and strengthen the Beijing auto parts industry. At the same time, we will introduce strategic investment partners to establish a financing platform that will support the sustainable development of Beijing's spare parts industry, and strive to form an auto parts supporting system that will develop around the four major vehicle companies in Beijing in 2007.

"Beiqi Holding and Zhejiang Asia-Pacific cooperation project has invigorated BAIC's stock assets and its products will fill the gaps in Beijing's parts and components." Xu Heyi, chairman of BAIC Automobile, expressed his own ideas. "In terms of component manufacturing, BAIC will pass assets, The restructuring of companies and R&D capabilities will create a small giant-style parts production base that will move out of Beijing to the world.”


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