Wanxiang Group Ranks the Eighth among the Top 30 in China Auto Industry 2011

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Jun 08,2012

Wanxiang Group has been recognized as one of the Top 30 in China Auto Industry on May 25 at the news conference for Top 100 in China Machinery Industry and Top 30 in China Auto Industry jointly sponsored by China Machinery Industry Federation and China Association of Automobile Manufacturers. Wanxiang Group ranks the eighth on the aspect of main business income among the 30 companies in the auto industry. The ranking is made in accordance with the principle of fair and just, based on the main business revenue in 2011, and making reference to the two indicators the total profit and employees. The top 30 companies in China's auto industry 2011 include 22 automobile manufacturing companies, 3 automobile parts and accessories manufacturing companies and 5 motorcycle manufacturing enterprises. 30 enterprises in 2011, the the main business income of which is 2.7401 trillion yuan, with an increase of 11.84% year on year, and the profit of 245.448 billion yuan, with an increase of 9.55% year on year. Wanxiang Group which ranked the nineth last year, now ranks the eighth among the top 30 auto industry with the main business income of more than 83.5 billion yuan.

(CBCC)

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