Since the establishment of 1958, Wuling has undergone three transformations: from marine diesel engine to tractor, from tractor to mini-car, from state-owned sole proprietorship to Sino-foreign joint venture. In 2002, Wuling Group established SAIC-GM-Wuling Automobile Co., Ltd. through tripartite cooperation with SAIC and American General Motors in vehicle business, which promoted the rapid development of Wuling Automobile during the Tenth Five-Year Plan period. The tripartite cooperation has turned one Wuling into two Wuling-the two Wuling are linked by product ties, property rights ties and cultural ties.
In September 2007, Wuling Group established a joint venture with Hong Kong Junshan Wuling Group Co., Ltd. (HK0305, now renamed as "Wuling Automobile Group Holding Co., Ltd.") with the business of spare parts, engines and special vehicles. This was another major asset reorganization of Wuling Group after the tripartite cooperation in 2002, which not only enabled state-owned capital to enter the international capital market, but also allowed Wuling to enter the international capital market. Relying on the advantages of Hong Kong's convenient overseas financing platform, it provided financial guarantee for the subsequent development of Wuling.
From June 5438 to February 2009, the first domestic Wuling electric minivan was officially rolled off the assembly line. Wuling Group became the first automobile enterprise in China to obtain the qualification of electric truck production and the first automobile enterprise in Guangxi Zhuang Autonomous Region to obtain the qualification of new energy vehicle production.
In 20 12 years, Wuling group achieved a new leap, and its operating performance set a new record again, achieving operating income of13.6 billion yuan. In the next five years, Wuling Group will accelerate the adjustment of industrial structure, integrate industrial resources in Guangxi, and set up Guangxi Wuling Automobile Group, with an additional investment of 654.38+0 billion yuan (***20 major projects) and an operating income of 30 billion yuan in 2065.438+05. With the mutual support of spare parts and engine business, we will further increase investment in vehicle business, accelerate the development of special purpose vehicles, expand the development of passenger cars and actively explore new energy vehicles.
During the "Twelfth Five-Year Plan" development period, Wuling Group will promote the sustainable development of enterprises with technological innovation, product innovation and management innovation, actively expand domestic and foreign markets, and form an industrial chain with internal and external integration, mutual support, mutual coordination and sustainable development; While creating value for customers, we will realize the large-scale and intensive operation of the group, and turn Wuling Group into an automobile industry group with sustainable development, domestic first-class, international first-class, comprehensive competitiveness and excellent brand image.
2065438+On May 8, 2005, with Wuling Group as the main body, Guangxi Automobile Group, a large-scale mixed-ownership enterprise directly under Guangxi, was established.