China's top 20 automobile companies

China's top 20 automobile companies

(Compiled by the Institute of Intelligent Intelligent Manufacturing Leading Talents)

01

China FAW

China FAW, the full name of China FAW Group Co., Ltd., is a large state-owned automobile group founded in 1953 in Changchun City, Jilin Province. The group owns a number of self-owned brand vehicles such as Besturn, Hongqi and Jiefang, with an annual production and sales volume of up to 3 million units. In addition, the FAW Group owns 11 automobile brands. Its headquarters are located in Changchun City, while the "Second Automobile" was built in 1969 in Shiyan City, Hubei Province.

02

Changan Automobile

Changan Automobile is a large state-owned automobile company located in Chongqing, founded in 1862. The company has a full range of passenger cars, light trucks, large and medium-sized buses and other product lines, with an annual output of more than 1 million units. Changan Automobile not only has more than 100 years of military background, which ensures the high quality of the vehicles, but it still needs to be improved in terms of brand influence. Currently, the company ranks third in the list of domestic car brands. In addition, Changan Automobile's share price has performed strongly recently, with a market capitalization of 146.743 billion yuan and a price-to-earnings ratio of 31.47 on February 1.

03

Great Wall Motors

Great Wall Motor is a leading company in China's automotive industry, focusing on the production of SUVs and pickup trucks. Founded in 1984 and headquartered in Baoding City, the company was initially engaged in automobile modification business. Today, Great Wall Motors has developed into the largest SUV and pickup truck manufacturer in China, with its own brands such as Great Wall Motor, Haval SUV, and Fengjun Pickup. As one of China's top 500 companies, Great Wall Motor Co., Ltd.'s share price on February 1, 2023 was 32.350 yuan, and its share price rose by 4.02% in 3 days, with a price-to-earnings ratio of 44.32.

04

SAIC

SAIC Motor is an automotive giant in Shanghai, China, with a turnover of US$1363925 billion in 2019. The group has a number of joint venture brands and independent brands, such as Shanghai GM, Shanghai Volkswagen, SAIC-GM-Wuling, etc. Its share price has been solid in the near term, with the opening news on February 1 showing that the stock price has risen 2.9% in five days, and has risen by 5.13% this year. SAIC Motor not only ranks first in the country in terms of vehicle production and sales scale, new energy vehicle sales, and overseas vehicle export sales, but also provides a variety of products and services to the public, including automobile-related finance, insurance, and investment.

05

Zhejiang Geely

Zhejiang Geely Holding Group was founded in 1997 and is headquartered in Hangzhou, Zhejiang Province. The group is one of the top ten enterprises in Zhejiang, with multiple manufacturing bases and more than 1,000 sales outlets, and its products and services are all over the world. Geely Automobile, the main brand of the group, has focused on technological innovation and talent training for many years, with total assets of more than 110 billion yuan, ranking among the world's top 500 enterprises for three consecutive years, and has won many national honorary titles.

06

BYD

BYD Auto is a private enterprise founded in 1995 and headquartered in Shenzhen, Guangdong Province. The company has more than 220,000 employees, and its business covers four major industries: automobile, rail transit, new energy and electronics. In the automotive field, BYD not only has an industry leadership position in the field of new energy vehicles, but its traditional fuel vehicles are also welcomed by the market. In addition, BYD still ranks among the top in the world in new energy vehicle sales in 2019. Warren Buffett's investment has further enhanced BYD's popularity and market value.

07

GAC Group

Guangzhou Automobile Group is a large state-owned holding joint-stock enterprise group, headquartered in Guangzhou, with a business scope covering the design and manufacture of vehicles and parts, automobile sales and logistics, automobile finance, insurance and related services. The group has been working hard in the joint venture sector for many years and has a stable customer base, and its domestic brands such as GAC Trumpchi are also popular among young people. In 2022, GAC Group's annual production and sales achieved double-digit growth, with the total production and sales of its own brands GAC Trumpchi and GAC Aion exceeding 630,000 units, creating the best results in history. Looking to the future, GAC Group has put forward the "Trillion GAC 1578 Development Outline" for 2030, striving to become a world-class technology enterprise.

08

Dongfeng Motor

Founded in 1969, Dongfeng Motor Co., Ltd., formerly known as the Second Automobile Factory, is an important pillar of the state-owned economy and ranks among the world's top 500 companies. Its business scope is wide, covering the full range of commercial vehicles, passenger cars, parts, automotive equipment and automotive companies. In addition, Dongfeng Motor Co., Ltd. is a subsidiary of Dongfeng Motor Group, focusing on the design and manufacture of Dongfeng series light commercial vehicles and Dongfeng Cummins engines. The company is the largest light commercial vehicle production base in China, and its main products include light trucks, light buses, bus chassis, pickup trucks and SUVs.

09

Chery Automobile

Chery Automobile is one of the top ten automobile companies in China, founded on January 8, 1997 and headquartered in Wuhu City, Anhui Province. The company is the most mature engine technology owner in China, and it is also the only company that makes 100,000 yuan. In 2001, Chery officially launched the sedan, and sold 28,000 units under a single brand that year. In 2002, its car production and sales exceeded 50,000 units, successfully ranking among the top eight in the domestic car industry. By 2005, its sales volume reached 189,000 units, and the national car market share reached 6.7%, ranking seventh in the mainland car industry.

10

Brilliance Auto

Brilliance Auto Group Holdings Limited is an important representative of China's own brands in the automotive industry. The company is mainly engaged in the production and sales of complete vehicles, engines and core components, and owns well-known brands such as Jinbei Automobile, Brilliance Auto and Zhonghua Automobile. In particular, it is worth mentioning that Brilliance Jinbei has two hot-selling vehicle products: Jinbei Hiace light bus and Jinbei Geruisi multi-functional commercial vehicle, of which Jinbei Hiace has a market share of nearly 60% in similar models in China.

11

BAIC Group

BAIC Group, the full name of BAIC Group Co., Ltd., is one of the five major automobile groups in China and one of the top 500 enterprises in China. Founded in 1958, the group is a large state-owned automobile group in Beijing. Its main business covers the research and development, manufacturing and sales of automobiles and parts. BAIC Group has close ties with Mercedes-Benz and Hyundai Motor, and owns well-known enterprises such as Beijing Benz and Beijing Hyundai. In addition, BAIC BAIC is the group's passenger vehicle resource aggregation and business development platform, and is also a key enterprise supported by the Beijing Municipal Government.

12

Lifan Motors

Lifan Automobile is located in Chongqing Automobile Park, covering an area of 700 acres, and the first phase of construction is 300 acres. The company's location in close proximity to several highways and Chongqing's major ports facilitates its global market expansion. Lifan Automobile focuses on the national brand "Lifan LIFAN", and its first product is Lifan 520. Not only that, Lifan Group, as the parent company of Lifan Automobile, has developed into one of the largest private enterprises in mainland China since its establishment in 1992, involving the R&D, production, sales and financial business of automobiles and motorcycles, and has been selected as one of China's top 500 enterprises for many times.

13

JAC

JAC, the full name of Anhui Jianghuai Automobile Co., Ltd., is a comprehensive automobile manufacturer founded in 1964. It not only focuses on the R&D and manufacturing of commercial vehicles and passenger cars, but also covers the powertrain business. As a key high-tech enterprise of the National Torch Program, JAC has made remarkable achievements in the field of advanced energy-saving vehicles and new energy vehicles. In addition, the company has also won the title of China's Top 500 Enterprises and China's Top 100 Industrial Enterprises, demonstrating its leading position and comprehensive strength in the automotive industry.

14

Cialis

Sailis is an important enterprise in China's automotive industry, headquartered in Chongqing, mainly involved in automobile manufacturing. On October 21, the company's share price opened at 52.4 yuan and closed at 50.960 yuan, with a total market value of 76.301 billion yuan. On November 4, the share price of Cialis rose by 9.27% in 3 days, and its total market value further increased to 85.974 billion yuan. These data reflect the strong competitiveness and market recognition of Celis in the automotive industry.

15

Weichai Power

Weichai Power is a leading enterprise in China's auto parts industry, headquartered in Shandong. The company's share price was 9.510 yuan on October 21, and the stock price fell 1.37% in five days, with a total market value of 82.99 billion yuan. At another point in time, its share price was reported at 10.060 yuan, up 2.76%, with a total market value of 87.789 billion yuan. These figures reflect Weichai Power's strong strength and market share in the auto parts industry.

16

Niulai

NIO is one of the top 10 auto companies in China, with annual revenue of 36.1 billion yuan and annual sales of 91,428 vehicles. Since its establishment in November 2014, the company has been committed to providing users with high-performance smart electric vehicles and the ultimate user experience, aiming to create a pleasant lifestyle. However, NIO also faces the risk of having too high a unit value and may lack stamina, so multi-product release is a relatively ideal development strategy for the company, which will help the company develop more healthily.

17

HASCO Automobile

Huayu Auto is an important player in China's automotive industry, headquartered in Shanghai, with a total market capitalization of 51.074 billion yuan. The company's stock price was $16.200 on October 21, and the stock price fell 3.21% in 7 days. On November 4, its closing price was 18.050 yuan, a year-to-date increase of -60.61%. These figures reflect the company's share price volatility and market performance in the near term.

18

Zotye

Zotye Auto is a large private enterprise group, focusing on the R&D and manufacturing of key parts such as complete vehicles, engines and transmissions. The company has two major vehicle production bases in Zhejiang and Hunan, and owns two major vehicle brands, Zotye Automobile and Jiangnan Motor. Zotye Automobile has four advanced process production lines of stamping, welding, painting and final assembly at home and abroad, as well as a dynamic performance testing line for the whole vehicle.

19

Jiangling Motors

Jiangling Motors is one of the largest automobile manufacturers in China, formerly known as Jiangxi Automobile Factory, which was established in 1968. After more than 40 years of development, Jiangling Motors not only has a significant position in the domestic market, but also successfully ranks among the world's famous commercial vehicle companies. In 2005, its production and sales reached 673,000 units, and it was selected as one of the top 100 listed companies in China for five consecutive years. In Jiangxi, many people are proud of Jiangling Motors and regard it as a leader in Jiangxi.

20

Xiao-hsien

Xpeng Motors is a technology company focused on the future of mobility. The company has launched a number of models, including the Xpeng P7 smart coupe with ultra-long range, the Xpeng P5, a versatile and comfortable smart family sedan, and the Xpeng G3i, a smart urban SUV. Xpeng's goal is to use technology to lead the future of mobility.