From 65438 to 0989, the factory made a detailed investigation on the market demand of mini-cars. After nearly ten years of development, China's rural economy has gradually become specialized, socialized and modernized, and farmers urgently need middle and low-grade roads suitable for urban and rural areas. At the same time, it is an economical and practical means of transportation. Therefore, agricultural transport vehicles with the advantages of tractors and light vehicles came into being. But at that time, the industry in Shandong and even the whole country had just started and developed slowly, which was far from meeting the market demand and had great market potential. Based on the above analysis, the factory set up an agricultural transport vehicle research institute to research and develop agricultural transport vehicles.
The Panther WD 1005W double-row 0.5-ton four-wheeled agricultural transport vehicle developed by this factory passed the provincial technical appraisal in 1990, and was listed in the catalogue of agricultural transport vehicle manufacturers and products in 199 1 year by the Ministry of Machinery and Electricity and the Ministry of Public Security. Panther agricultural vehicle was one of the products of more than 60 domestic agricultural vehicle manufacturers at that time, which had fuel consumption.
1992, Wendeng Meat Machinery Factory was renamed Shandong Wendeng Agricultural Transport Vehicle Factory. The enterprise began to expand, build new factories and increase machinery and equipment, actively accelerated the development of agricultural vehicle market, and initially had a large production scale.
1993 With the approval of Weihai Municipal Commission for Economic Restructuring, Shandong Wendeng Agricultural Transport Vehicle Factory, as the initiator, set up Shandong Wendeng Panther Co., Ltd. by means of directional fundraising, and Shandong Wendeng Agricultural Transport Vehicle Factory converted 52.5 million shares of the confirmed net assets of 58.77 million yuan into 35 million shares as the initiator.
1994, the company achieved a sales income of 387 million yuan and a total profit of 74.26 million yuan, and entered the top 100 profitable enterprises in Shandong industrial and commercial finance and trade system and the top 40 enterprises with the largest sales income in Shandong mechanical system, and was awarded the title of leading enterprise in agricultural machinery industry by Shandong Economic Commission.
1995, the company concentrated on the second phase of technical transformation, with a total investment of10.50 billion yuan, completely transformed the original production line, and independently developed a complete set of molds for agricultural vehicle plates. After the transformation, the annual comprehensive production capacity reached 50,000 vehicles. In that year, 30,000 agricultural transport vehicles were sold, achieving a sales income of 503 million yuan and a total profit of 1.65438+.
1In May, 1996, with the approval of Shandong Provincial People's Government, Shandong Wendeng Panther Co., Ltd. was renamed Shandong Panther Co., Ltd.
Later, it merged with Dongan to form Dongan Panther Co., Ltd. .. 20 1 1, and Panther became stronger. It merged with AVIC to form AVIC Panther Co., Ltd., mainly engaged in minivans, ranking among the best in the industry.