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Editor's note: The 7th China (Hubei and Wuhan) International Automobile Industry Exhibition will be held in September at the Wuhan Convention and Exhibition Center. To cope with this exhibition, starting from this issue, we will continue to introduce articles on the status quo of the automotive industry in our province, development ideas and goals, and other related articles to meet the needs of readers who care and support the development of the province's automobile industry.
The automobile industry is an important pillar industry in our province. After many years of construction, Dongfeng Company has formed a leading, military and local enterprise, relying on large companies such as Dongfeng Limited, Shenlong, and Sanhuan Group as the backbone. Along the 316 State Road, Jingzhou to Huangshi along Shiyan, Xiangfan and Wuhan. The two automobile industry clusters in the Yangtze River, as well as the industrial base for independent development and sustainable and healthy development. By the end of 2005, there were 433 enterprises above designated size in the automobile industry in the province (the same below), with total assets of 134.52 billion yuan (an average balance of net fixed assets of 28.03 billion yuan) and 187,700 employees. Vehicles have formed heavy, medium, light, micro, sedan, special (special) and other models, a wide range of product patterns, annual production capacity of 600,000 vehicles (300,000 commercial vehicles, 300,000 passenger cars) . Breakthroughs were made in the research and development of electric vehicles, and hybrid vehicles entered the industrialization stage. The production capacity of major auto parts and components is more than 500,000, among which 60 key components supported and developed by the country are mass production capacity, except for a few products such as electronic fuel injection and airbags.
In 2005, the province's large-scale auto industry enterprises completed a total industrial output value of 79.9 billion yuan, and achieved a product sales income of 95 billion yuan, a total of 8.8 billion yuan in profits and taxes, of which total profit was 3.5 billion yuan, and an export delivery value of 900 million yuan. The company produced 396,000 vehicles (excluding Dongfeng Limited Xiangfan Car Base, the same below) and sold 397,000 vehicles, an increase of 18.2% and 19.3% respectively year-on-year, accounting for 6.9% of the total domestic automobile production and sales. The production and sales volume of sedans were 142,000 and 140,000, respectively, an increase of 60.9% and 57.5% respectively year-on-year, accounting for 5.1% and 5% of the total domestic production and sales of cars. Modified automobile production and sales 50,000; auto parts production and sales volume of 29.8 billion.
After persevering system reform and structural adjustment, the scale and strength of the automobile industry backbone enterprises in our province have been significantly enhanced, the auto R&D and technological innovation capabilities of automotive products have been rapidly improved, and product manufacturing technology has approached the international advanced level. New energy vehicle R&D has made breakthroughs. The automobile parts and components have formed an international competitive advantage. The commercial vehicles of independent brands have been exported in batches, and the international operation has shown a good development prospect. The automotive industry in our province has shown great vitality and strong development momentum. It is estimated that the sales revenue of enterprises above designated size in the automotive industry in the province will exceed 105 billion yuan in 2006, becoming the province's first industry with annual sales revenue exceeding 100 billion yuan; in 2007 it will reach 120 billion yuan, and in 2010, it is expected to achieve "double 100 billion yuan." , and become an important fulcrum for Hubei to take the lead in the central region.