The one is Fujian Motor Industrial Group Co.(FJMG), founded in March 1992, FJMG is a large-scale enterprise group under the jurisdiction of Fujian provincial government. As a specified national production base of sedan, van and bus, it has the import-export operations right. And It has 14 underling enterprises now, including 11 industrial enterprises and 3 trading enterprises. With US$140 million fixed assets, it can produce 130,000 entire cars and 30,000 special purpose vehicles per year. Among its subsidiaries, the South East Motor Co., Ltd. and the Xia ' men Motor Co., Ltd. are the key industrial enterprises.
The other one is Taiwan China Motor Corporation of Yulon Enterprise Group. Taiwan Yulon Enterprise Group consists of 44 companies, mainly engaging in auto, textile, high technology and other relevant industries. Yulon Enterprise Group (Yulon Motor and China Motor) , the largest auto enterprise group in Taiwan, occupies more than 50% of auto market in Taiwan.
Taiwan China Motor Corporation was established in 1969. Its main products include large and middle cargo vehicles, light and mini station vans and sedans. It has powerful export capacity of auto parts and entire cars. For recent years, it occupies over 25% market shares of motor in Taiwan. In addition, the Corporation invested US$180 million in the establishment of Asia Technology R&D Center in 1999, so it has more powerful capacity and richer experiences of technology R&D. |