The “Top Ten News of Chinese Enterprises†and “Most Influential Enterpriseâ€, “The Most Enthusiastic Entrepreneur†and “Most Growing Enterprise†sponsored by the top ten news selection committees of Chinese companies were announced in Beijing. FAW was elected as the "2007 Most Influential Enterprise".
A total of 20 “most influential companies†of 2007 were selected by the jury, and FAW ranked second with China Telecom. The reason given by the jury for FAW selection is: through the series of reforms in the corporate capital structure, corporate structure, organizational structure, and management structure, the old state-owned enterprises will be completely restructured so that the old appearance of the enterprise will be changed and the manufacturing technology will reach the world's advanced level. .
For more than 50 years, FAW has been responsible for the development of China's automobile industry. It has experienced three major stages of development: lighter car, sedan, and micro-vehicle. The passenger and passenger series models have formed a variety of products with a wide variety of products and have become the leading enterprises in the automotive industry in China. In accordance with the requirements of establishing a modern enterprise system, the company has accelerated the pace of corporate restructuring, followed the principles of “reduction, unification, and efficiencyâ€, and through “separation, separation, diversion, and separationâ€, the compression of institutional establishment, optimization of personnel structure, and division of business operations into R&D. The six major sections of the economy, passenger vehicles, commercial vehicles, spare parts, auxiliary and derivative economies highlight the core business. In accordance with improving the investment structure, accelerating the diversification of equity requirements, actively promoting the diversification process of the subsidiary's property rights, rationalizing the parent-subsidiary company’s asset relations, product relations, and management relationships, and completing the fundamental transformation from the factory system to the company’s system, basically forming a The modern enterprise system requires and adapts to the market competition needs of the enterprise management system.
FAW's production and sales volume has been at the forefront of the industry for many years. In 2004, its sales volume exceeded 1 million units, setting a new milestone in the development history of China's auto industry. In 2004, 2005, and 2006, it entered the world's top 500 for three consecutive years. In 2005, 2006, and 2007, it ranked first among China's top 500 machinery enterprises. In 2007, it achieved sales of 1.4 million units and sales revenue of 188 billion yuan, ranking 385th in the "World's Largest 500 Companies" and 71st in the "World Machinery 500". The brand value of the company reached 42.421 billion yuan.
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