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Chang Feng (Group) Co., Ltd

From www.gasgoo.com| April 11 , 2007 13:52 BJT

Chang Feng (Group) Co., Ltd built in 1950,which is a large state-owned enterprise with total assets 5.54 billions Yuan, over 3600 employees. Adopting the super four-wheel drive system that Mitsubishi developed newly, with the vigor, the powerful motive force performance, better steady performance, and lower oil consumption,, the leading products are as below, light cross-country serial automobiles "Liebao" brand ,CJY6470E、CFA6470G/F/H、CFA2030A/B/C/D(V6-3000)、and "Liebao Front", Automobile seat, Wiring harness, Front/rear axle of car, Power diverter, Decorations, Rubber products, Drive shaft and Automobile air conditioner, etc. The company has already set up 28 sale sub-companies, 306 special dealers, 302 special service stations and 4 offices.

Chang Feng (Group) Co., Ltd was reorganized in Oct.1996, its former was No. 7319 Factory of Chinese People's Liberation Army Chang Feng(Group) Co., Ltd. His important subsidiary company, Hunan Changfeng Motor Co., Ltd has already been listed and issued A-share in Shanghai Stock Exchange formally on Jun 14,2004. The subsidiaries of Group comprise Hunan Changfeng Motor Co., Ltd, Hunan Changfeng Motor Sofa Limited Company, Hunan Changfeng Rubber Products Co., Ltd, Hunan Changsha Motor Parts Co., Ltd, Hunan Changfeng Auto Interior Decoration Co., Ltd, Hunan Changfeng Material Transport Co., LTD, Hunan Changfeng Property Management Co., Ltd, Yongzhou Changfeng Economy Technological Development Co., Ltd, Hunan Changfeng Automobile Plastic Products Co., Ltd, Hunan Changfeng Automobile Air Conditioner Co., Ltd, Hainan Shennong Dafeng Scientific and Technological Limited Company, etc.

In 2001, Chang Feng(Group) Co., Ltd was selected as New High-tech Enterprise of Hunan Province. The Group realized the output value 6.369 billion Yuan, 4.858 billion income from sales, profits tax is 1.206 billion Yuan in 2003. The company leaped to the first place in manufacturing light cross-country cars for four years successionally in every economic technical indicator since 2000, It has entered the rows of 500 tops of enterprise for four years in succession.  At present, Changfeng Group is one of the largest light cross-country car manufacturers, which set up two big automobile production bases and four auto spare parts production bases in Hunan Changsha city, Yongzhou city, Hengyang city, Huizhou city of Guangdong and other places already.

By 2007, the annual production will reach 200,000 cars, income from sales will be up to 26 billion Yuan, It will enter The Top 10 in automobile trade. It has set up " six departments which comprise Auto” R&D center, PC Information Administrative Center, Auto Electron Tech R&D Centre, Securities Financial Administrative Center, After Sale Service Centre and Staff's Training Center, in order to build Chang Feng(Group) Co., Ltd into a super-huge enterprise incorporated industry, scientific, research, trade, financial investment into one.

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