Shaanxi Automobile Holding Group Co., Ltd. and Shaanxi Fast Auto Transmission Group Co., Ltd. ranked 14th and 26th respectively
The top 10 companies have annual operating income of more than 100 billion yuan
Shaanxi Daily News (Reporter Shen Qian) On July 4th, China Machinery Industry Federation and China Association of Automobile Manufacturers jointly released the list of the top 30 auto industry in 2018. Shaanxi Automobile Holding Group Co., Ltd. and Shaanxi Fast Auto Transmission Group Co., Ltd. are listed on the list, ranking 14th and 26th respectively. In 2018, the company’s operating income was approximately 64.761 billion yuan and 18.649 billion yuan respectively.
The top 30 enterprises in the automotive industry are prominent representatives of China’s machinery industry to further promote structural adjustment, transformation and upgrading, and improve quality and efficiency. It is reported that the ranking of the top 30 auto industry in 2018 is scheduled by the China Association of Automobile Manufacturers based on the verification of the main statistical indicators of automobile industry enterprises in 2018. In the top 30 auto industry rankings of the year, SAIC, Dongfeng, FAW, BAIC and GAC were still in the top five, and the top 10 companies’ operating income exceeded 100 billion yuan.
Shaanxi Automobile Holding Group Co., Ltd. has been forging ahead in recent years, constantly catching up and surpassing, the business operation efficiency has been greatly improved, the product structure has been continuously optimized, the market position has been continuously consolidated, and the company’s development vitality has been significantly enhanced. In 2018, the company produced and sold 18,400 vehicles of various types, achieving a total industrial output value of 75.6 billion yuan, an increase of 8%.
In recent years, Shaanxi Fast Auto Transmission Group Co., Ltd. has continuously accelerated the pace of innovation drive and actively seized the commanding heights of the industry. In 2018, the company sold 900,000 medium and heavy-duty transmissions, an increase of 9.6% year-on-year; the foreign exchange earned by exports increased by 45% year-on-year; the operating indicators ranked first in China’s gear industry for 16 consecutive years, and the annual production and sales volume of heavy-duty vehicle transmissions for 13 consecutive years Ranked first in the world.