XIAMEN KING LONG MOTOR GROUP CO.,LTD.(600686.SH)
Profile
Registered Capital:
442.60(RMB MLN)
Employees:
9595
Email:
kinglong@xmklm.com.cn

WebSite:
http://www.xmklm.com.cn
Tel:
0592-2969815
Fax:
0592-2960686
Reports
News      more..
Introduction from Company WebSite

  Xiamen Auto Co., Ltd is a listed company taking the manufacture and sales of coach, medium and light buses as its dominant industry. The company was establishes in 1988. In 1993 the company issued its stock “Xiamen Auto” in Shanghai Securities Exchange and became the first four companies listed in Xiamen at that time. At present the company has total capital stock of 151 million Yuan and the total assets of 1.2 billion Yuan.

 

  Since its set-up, the company has invested to set up and control or take up stocks of many bus manufacturers, including Xiamen Golden Dragon Van Co., Ltd, Xiamen King Long United Automotive Industry Co., Ltd, Xiamen Golden Dragon Bus Co., Ltd, and other automobile parts manufacturing factories for producing bus body, electric appliance, seat, rubber-plastic and punching part of Golden Dragon bus. With heavy, medium and light buses of "Golden Dragon" and "Jinlu" as its main products, it has formed a production system of manufacturing complete buses and bus parts in Xiamen.

  For a long time, the company depends on the special operation mode “moderate scale, rolling development, promote manufacture, continuous operation” to keep rather fast development speed. Especially since 1997, the company has entered a high-speed growth period. From 1997 to 2002, the total auto industry values invested by the company and sales annual income have increased by over 40% averagely. In 2002 they reached 4.66 billion Yuan and 4.26 billion Yuan respectively. The industry economic benefit general index kept the top one for many years. Since 2000, the production of the company’s big and medium size buses has showed an obvious increase, among which big buses’ sales volume has ranked the first place in the national bus industry for three years with the market occupation rate of 30%.

  The company devotes to the research of market and the development of products, bringing in advanced technologies of Japanese Toyota, Nissan, Hino and German Benz,Man and English trans bus, which makes the products possess good performance and abundant types, continuously meet the demand of the market, and get the costumers’ reorganization and praise.

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