· Brilliance China's annual market value increased by 40 billion yuan

With the 2017 stock market closing, the market capitalization of Chinese companies listed around the world has also been settled. The newly released Oriental Fortune Choice data shows that the list of the top 500 companies in China's listed companies shows that Brilliance China, the Hong Kong listed company of Brilliance Group, ranks 122nd. Compared with 2016, the total market value increased by 40 billion yuan, an increase of 83.07. %, its growth rate is significantly higher than the industry average.

China's listed companies' market capitalization list

For a listed company, income and profit are important, but the market value is the best to represent and reflect the company's comprehensive strength. The growth of market value is a key indicator to measure the company's operating conditions and is a true "king". Brilliance China's market value increased by 40 billion yuan a year, which undoubtedly shows that the rapid growth of Brilliance Group's performance in the capital market is highly recognized, and it also marks that the development model of the combination of industry and finance that Brilliance Group has always adhered to has achieved remarkable results, achieving a complementary product and industry. .

Over the years, Brilliance Group has attracted the attention of the financial and automotive industries with the perfect combination of capital market and automobile industry. Up to now, the Brilliance Group has owned four listed companies: Brilliance China, Jinbei Auto, Shenhua Holdings and Xinchen Power.

Brilliance Group fully utilizes the capital market and the ability to dock international and domestic resources. It stands at the height of the global industrial chain and cooperates with world-class automobile companies: through its joint venture with BMW Group, it has become the first “market-for-technology” in China. "The car company." In 2017, Brilliance Group successfully took over the Renault Group in just over a year. In the new era of China's auto industry development, it has unprecedentedly created a unique new model for the joint venture to develop and operate foreign brands and independent brands. Today, the “Brilliance Model”, which is the perfect combination of capital market and automobile industry, has become a successful model for China's auto market.

A unique and effective development model combining industry and finance

For a company to truly achieve the goal of “strengthening, doing better, and becoming bigger”, it is obviously impossible to have a solid backing without the power of capital. Even today, when the market is more open, capital is still the threshold for Internet companies to enter the field of automobile manufacturing.

At the end of 2005, when Yu Yumin was appointed as the chairman and president of Brilliance Group, the news of the relatively weak Huachen Group was incessant. In this situation, Yan Yumin began a series of capital market operations and drastic reform measures, which opened the road of integration of Brilliance and Brilliance, which not only allowed Brilliance Group to occupy a place in China's auto market, but also created the first one. With 800 million yuan of registered capital, it has spurred the development of an automobile company with annual sales of 185.1 billion yuan and annual profit and tax of 31 billion yuan. The total market value of Brilliance China increased from HK$2.2 billion in 2009 to HK$105.5 billion at the end of 2017, a 48-fold increase, achieving a significant increase in state-owned assets.

During the “Twelfth Five-Year Plan” period, Brilliance Group has created a classic case through a unique combination of industry and finance: the Brilliance China stock, which was increased by RMB 500 million in the Hong Kong capital market, has accumulated more than RMB 10 billion. Revenue, while achieving the value-added of tens of billions of yuan in state-owned assets, provided sufficient financial support for the development of independent brands, and behind this also reflects the unique strategic vision and bold and decisive innovation spirit of corporate leaders.

Not only that, Brilliance Group took the opportunity of the construction of Shenyang High-end Equipment Manufacturing Industrial Park and BMW Parts Industrial Park, and cooperated with international advanced parts companies and Europe's largest railway freight company; and reached a total of 18 billion with Shanghai Pudong Development Bank. Yuan strategic cooperation, establish "Huachen Group - Shanghai Pudong Development Bank" strategic alliance; complete the asset restructuring of Shenhua Chenbao, purchase the equity of Jinbei Parts and Components Company at a discounted price, acquire the equity assets of BMW Industrial Park, and transfer the state-owned shares of Jinbei Automobile Work, through the combination of industry and finance, Brilliance Group has achieved fruitful results in recent years.

Using the funds obtained in the capital market to develop the automobile industry, and the rapid development of the automobile industry has promoted the value-added of the capital market. Under the virtuous circle of mutual promotion between industry and finance, today's Brilliance Group has become the leading and sales scale of the automobile industry in Liaoning Province. The provincial enterprises with the largest total profits and taxes. In 2017, Brilliance Group achieved the best results in the past years with its outstanding strength, and ranked 94th in the “Top 500 Chinese Enterprises”.

Based on four listed companies, Brilliance Group continuously optimizes and deepens capital operations, meticulously builds a financing platform for enterprise development, realizes the direct pull of finance to industry, organically combines industrial capital and financial capital, and solves the funds for enterprise development at low cost. The problem has come out of a unique and effective development path.

"Market for technology" Huachen became the first Chinese car company

Undoubtedly, compared with the car powers, China's automobile industry started late, and both technology and talents are in a position to look back. However, China has an expanding market potential and a strong purchasing power. Based on this, China's auto industry has determined the development strategy of complementing each other and “market-for-technology”.

However, more than 30 years have passed, in addition to the continuous improvement of business performance of foreign brands, China's car companies have not mastered its core technology. Until the combination of the Brilliance Group and the BMW Group, the problem that has plagued the Chinese auto industry for many years has been solved.

Based on mutual trust and mutual benefit with BMW, Brilliance Group has been officially authorized by BMW to produce four advanced engines with Euro 6 emission standards. In addition to being equipped with BMW 3 Series and 5 Series, Brilliance also joined forces with BMW to be known as the Global Ten. The good engine is equipped with its own brand model, and jointly developed the high-end business MPV Huaying 7, which is not only unique among its own brands, but also dares to compete with the joint venture brand. BMW authorized the advanced engine produced by Brilliance, which means that BMW's core advanced engine technology is truly imported into Brilliance, making Brilliance Group the only auto company that has traded the market for the past 30 years. The long-cherished wish of “changing technology” has laid a solid foundation for improving product quality and promoting brand development.

When German Industry 4.0 rose to Germany's development strategy, China fully promoted "Made in China 2025." As the backbone of leading the breakthrough of independent brands, Brilliance Group, with the strong support of BMW, established a new intelligent manufacturing factory with reference to the German Industry 4.0 standard. The intelligent manufacturing plant is a leading domestic and international supplier represented by industrial robot manufacturer KUKA Germany, robot giant Xinsong, and global laser online measurement technology leader, Boss, aiming to build Chinese cars with BMW standards. The intelligent manufacturing factory of Brilliance Group not only became a model of China's auto industry, but also included as a landmark achievement in China's economic development in the past five years. It became the only car company that represented the auto companies to land on CCTV's "Glorious China" large-scale feature film. In one fell swoop, Kearney won the "2017 China's Best Factory Smart Factory Excellence Award".

In December 2017, Brilliance China V6, the first product of Brilliance Group's intelligent manufacturing factory, was officially launched. The new product has exceeded 6,000 units in sales in just half a month after its manufacturing precision, quality and production efficiency. Another star product in the market.

International thinking re-creates a new model of joint venture development

After successfully establishing a combination of industry and finance, joint venture and anti-feeding autonomy, Brilliance Group began to exert its strength in the commercial vehicle field. In just over a year, Brilliance Group successfully “hands in” the French Renault Group and jointly developed in China. Commercial vehicle market.

On December 15, 2017, at the signing ceremony of Brilliance Group and Renault Group, Yan Yumin said: “The two parties have established a platform for sharing Renault’s world advanced technology and international supplier system. With this platform, it can accelerate autonomy. Enhance the level of brand capability, realize institutional and institutional innovation, and creatively achieve new breakthroughs in transformation and upgrading. We will abide by our commitments and work with Renault Group to support the development of the joint venture company to achieve 'complementary complementarity, mutual benefit and common development' To create another successful example of China's auto industry's foreign joint venture cooperation."

In order to form a joint venture company, Renault Group purchased a 49% stake in Shenyang Huachen Jinbei Automobile Co., Ltd., and Brilliance China Automotive Holdings Co., Ltd. and Renault Group will own 51% and 49% of the joint venture company respectively. Through the reorganization of the Renault Group, the Brilliance Group not only digested the huge historical debts that the former Brilliance Jinbei formed over a decade ago, but also created favorable conditions for the better and faster development of the Jinbei and Huajing independent brands, and created an unprecedented The joint venture company also developed and operated a unique new model of foreign brands and independent brands, and built a world-class commercial vehicle development platform.

At present, the industrial capital and financial capital of Brilliance Group have reached a benign integration, and the company has entered a new stage of steady development. With the unique "Brilliance Mode", we firmly believe that Brilliance Group's entry into the "World Top 500 Enterprises" is just around the corner.