The latest news about Great Wall Motor's acquisition of Zotye Linyi Factory spread all over the Internet, saying that Great Wall Motors had signed a contract with the Linyi Municipal Government in November last year to acquire Zotye Linyi Factory, and that the acquisition was only an acquisition of production bases, factories and plant production equipment, and did not involve Zotye Automobile's creditor's liability.
The news also said that the Linyi factory has begun to recruit workers years ago, and began to prepare the factory after the Spring Festival.
AM car mirror real photograph great wall motor Linyi branch west gate
The LOGO of Zotye Automobile has not been replaced
According to previous information, Great Wall Motor Linyi Plant will mainly produce complete vehicles, engines and parts, etc., with an estimated annual output of 120,000 vehicles, achieving an annual output value of 20 billion yuan, while driving more than ten supporting enterprises in the automobile industry to settle in and solve the employment of nearly 10,000 people. The plant will mainly produce two new models, both of which have been developed and ready for mass production and marketing after the plant is completed.
For this matter, AM Chengche Mirror was also very interested, so he came to the factory located at No. 76 Hongkong Road, Hedong District, Linyi City. I have to say that now the factory has been shown on the map of AutoNavi is the Linyi branch of Great Wall Motors, next to the Zotye Hotel to remind us, this is the original Zotye Linyi factory, I don't know if the future Zotye Hotel will change owners?.
It is reported that the factory is located in Linyi Economic and Technological Development Zone, covering an area of 2,000 acres, which was fully started by Zotye Automobile in April 2014 and fully completed in August 2015, which was originally mainly used for the production of SUV models under Zotye Automobile.
AM Car Mirror really photographed the office building of Linyi Branch of Great Wall Motors, which still hangs the words of Zotye Automobile, which also indicates that the acquisition has not yet completed the handover
Coming to the Linyi factory of Great Wall Motor, AM Car Mirror learned through a field visit to the vicinity of the factory that Great Wall Motor's acquisition of Zotye Linyi Factory was already well known in the local area. In addition, the interior of the Linyi branch of Great Wall Motor has not begun to prepare the inside of the factory as rumored on the Internet, in fact, the factory area is still empty, only at the entrance of the factory, there are three or four older security uncles on duty. Of course, because the factory area has not yet started operation, uncle security did not let the AM car mirror enter the factory area for field investigation. However, through the chat with the security uncle, it was learned that their salary is still issued by the Linyi Municipal Government and does not belong to Great Wall Motors. However, uncle security also said that after a while, he may transfer to Great Wall Motors.
AM Car Mirror Real Shooting Great Wall Motor Linyi Branch
Factory
The interior was empty
"The transformation of the production equipment and the maintenance of the factory inside the factory have not yet begun, and all this will not start until the transfer procedures of Zotye Automobile, Linyi Municipal Government and Great Wall Motors are completed." The factory has now recruited some workers, but it has not yet gone to work, and it has now stopped recruiting workers, and only a small number of people are currently handling the handover inside the office building. "AM car mirror visit learned.
AM car mirror real shot Great Wall Motor Linyi Branch North Gate
Some of the equipment of the factory can be seen from outside the factory area.
AM Car Mirror real shooting Great Wall Motor Linyi Branch factory area
Another point that has to be said is that the supporting facilities around the Linyi branch of Great Wall Motor are quite good, and the factory area has four gates, namely the west gate, the south gate and the two north gates, and the north gate is directly opposite the large-scale farmers' market, which is supplied with fruits, vegetables, chicken, duck, fish and meat. The farmer's market is just a whole street of small restaurants, the taste is ok, but also quite affordable, ask me why I know, the reason is that I ate at one of them at noon that day. Such rich supporting facilities can provide good convenience for the future employees of Great Wall Motor Linyi Branch.
Great Wall Motor Linyi Branch opposite the real picture
Opposite the factory area, there is a large-scale commercial housing community, called Moon Bay Community, of course, AM car mirror also for the future employees of Great Wall Motors inquired about the house price of this community, after asking the small editor are surprised, the house price is only more than three thousand a flat, a house down is more than three hundred thousand, and the local ordinary workers' wages are also good, basically can get about five thousand, is it feel that the pressure of local work life is much smaller?
Well, the acquisition of Zotye Linyi factory by Great Wall Motors is actually not unexpected, after all, as a head star car company, Great Wall Motors' existing production capacity cannot keep up with the growth rate of sales. Moreover, Wei Jianjun, chairman of Great Wall Motors, previously announced that it will achieve annual sales of 4 million vehicles in 2025, while Great Wall Motors' existing factories in Tianjin, Baoding, Xushui, Rizhao, Yongchuan, Taizhou, Pinghu, Zhangjiagang, Jingmen and Hanteng and Hanlong, which were acquired last year, have an annual output of only more than 3 million vehicles. It should be known that Great Wall Motors' car sales for the whole of last year increased by 15.2% year-on-year. This is still the market growth achieved in the case of a bad environment in the automobile market, if the automobile market fully recovers, the annual sales of Great Wall Motors will certainly be higher.
AM Mirror Summary:
Great Wall Motor's acquisition of Zotye Automobile Linyi Factory has benefited many parties, linyi Municipal Government has solved the problem of idle factories, Great Wall Motors has achieved automobile production capacity growth in a short period of time, and Zotye Automobile can recover part of the funds and settle the wages of employees in the previous Linyi Factory, which is undoubtedly a multi-faceted profit. At the same time, the acquisition event also shows the development trend of the strong and the weak in the future automobile market.
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