Lianpo is not old!
SAIC Motor held the 20th board meeting of the seventh session today, and unanimously voted to approve the resolution of Chen Hong's re-election as chairman of SAIC Motor Group Co., Ltd. The term of office is from 30 June 2021 to 30 June 2024.
Chen Hong was born in March 1961, and he was more than sixty years old, so the rumors of SAIC changing the coach were very popular for a while. However, the resolution of SAIC's board of directors and the notice of appointment and dismissal of the Shanghai Municipal Government have dispelled the rumors.
According to media reports, Chen Hong extended his appointment in accordance with the practice of making outstanding contributions to important posts.
Chen Hong has been the chairman of SAIC Motor since May 23, 2014. During the period from 2014 to 2018, under the leadership of Chen Hong, SAIC Motor's performance has been rising, and the net profit attributable to shareholders of listed companies in 2018 reached a record 36.009 billion yuan, setting a myth of "making 100 million yuan a day".
Before the retirement of "old boss" Hu Maoyuan, he put forward the strategic concept of "internationalization", and Chen Hong's completion was not bad: in 2020, the export and overseas sales of vehicles reached 390,000 units, an increase of 11.3% year-on-year, a record high. ACCORDING TOIC MOTOR's official information, SAIC Motor has 810 overseas marketing service outlets, covering more than 60 countries and regions, including 9 "scale-level" overseas regional markets.
In addition, Chen Hong, who first appeared at the shareholders' meeting in 2014 and suffered losses from its own brand, which was criticized by five shareholders, also brought the annual sales of SAIC passenger cars to 700,000 units in 2018 against the cold winter trend of the industry.
In terms of joint ventures, SAIC Volkswagen won the domestic passenger car sales championship for four consecutive years from 2015 to 2018.
It can be said that chen hong's first half of taking charge of SAIC Is absolutely beautiful. However, since 2019, the car market has declined and the pace of industry change has accelerated, and the giant of China's automotive industry seems to have turned a little weak.
Revitalize the joint venture sector, soar up independent brands, and create high-end intelligent electric brands... SAIC has given many answers to solve the current weak state, but the most important of them is still Chen Hong's vision and motivation as a trader.
If there were previous views questioning chen hong's imminent retirement, it was just routine "work" during the period. Then for another three years, SAIC no longer has an excuse for turmoil.
Chen Hong, who has been affirmed by the organization again, has already started a new round of attack:
SAIC motor group has earlier issued a new vision, mission, values and LOGO, and clearly stated that it will fully transform into a "user-oriented high-tech company".
On the first day of his appointment, at the annual shareholders' meeting, Chen Hong also announced that SAIC Motor will deepen the reform of state-owned enterprises and implement the professional manager system; and in the future, it will also focus on cultivating 14 science and technology innovation companies, most of which have plans to spin off and list, and jie hydrogen technology, Zhonghai Ting, and Lianchuang Electronics will be completed within 3 years.
Compared with 7 years ago, Chen Hong has more old and spicy eyes and helm experience, but the change that has not occurred in a hundred years has arrived, and the new test has just begun.