The company, formerly known as Tianjin Minicar Factory, was restructured into Tianjin Automobile Li Xia Co., Ltd. on 1997 and listed on Shenzhen Stock Exchange on 1999. On June 14, 2002, FAW Group and Tianqi Group signed a reorganization agreement, and FAW Group acquired 50.98% of the shares originally held by Tianqi Group, holding the controlling stake of the company, and the enterprise was formally incorporated into the FAW system, hence the name Tianjin FAW Li Xia Automobile Co., Ltd.
At present, the company has advanced stamping, car body, painting and assembly production lines, vehicle quality inspection lines, automobile engine casting and machining production lines, transmission production lines, computer workstations, product development and testing laboratories, etc. It mainly produces Li Xia, Weizi, Le Wei and Wei Zhi series cars, and Tiannei brand automobile engine and Tiantooth brand transmission are also the fist products of the enterprise. As the cradle of economical cars in China, in the past 20 years, we have always adhered to the road of independent development, firmly implemented the strategy of independent innovation, developed and manufactured domestically produced cars that can be used by families in China, and successfully embarked on a growth road of "introducing, digesting, absorbing and innovating". The cumulative sales volume exceeded 6.5438+0.5 million, ranking first in the sales volume of self-owned brand cars for 20 consecutive years, and the products were exported to Russia and Iran.
During the Eleventh Five-Year Plan period, we will adhere to the development vision of "building a quality car, being a master car and building a harmonious enterprise", launch nine new cars, form a lineup of economic cars with "international competitiveness and domestic leadership", build the core competitiveness of "developing, manufacturing and selling the best quality economic cars with the most economical method and the fastest speed", and challenge the goal of production and sales of 400,000 cars.
Tianjin FAW is an enterprise that produces economical cars, serving every family and paying attention to people's lives. It has always been our goal to provide users with safer, more fuel-efficient and more environmentally friendly "affordable" national cars. Looking forward to the future, we will take it as our responsibility to be excellent corporate citizens and repay users, employees, shareholders, partners and society.
So we can know that Tianjin FAW is a state-owned enterprise. But to correct it, not all automobile manufacturing enterprises in China are state-owned. For example, Geely automobile is not!