Xinyi Group has acquired a great success, not only in management , human resources, capital fields, but also in technology, name brand, quality fields, by trial endeavor and continuance development in 20 years. From the 2000 years, our company catches hold of the chance that China entering the WTO. And we have got a great success by catch hold of the international markets. For example, the TRW , Kreisler, GM, Ford, Bosch and many other companies, which are the top 500 companies in the world, and many famous international car accessory companies such as the AF, do business with us. A large number of order forms have been given by the international companies from abroad , and our products demand exceeds supply. From the 2004 years, we continue enlarging our producing scale and enhancing the quality of the products all the time. In the early time, we only had more than twenty types about main product-brake pads. But now, we have more than 1000 types. The production ability has arrived ...[More]sands suits of products from the one hundred suits. But, our products demand also exceeds supply. At present, our producing ability dose not satisfy the market demands. On the May 28th this year, we had get across auditing standard . And the first batch of products about 10 thousands pieces, had been ferried to the Ford company. This business is an important success that we do business with abroad companies.
We have ensured the target that we can sell products about 5 billion RMB in one year before 2010 year, according to the qualification of our company. On our present condition, the target is active and feasible. This is an medium-term developing target. In order to clear our developing idea, enlarge the company influence, enhance the centripetal force and solidarity force, and accelerate the company development, so we plan to sell products about 10 billion RMB by 8 or 10 years.
Our producing scale need to be enlarged due to the enlarging market. We have built new workshop about 50 thousand square meters, and we have produced products in the new workshop. Our mission is very hard in this year. In the next half year, we go on enlarging our producing scale and the area. And the constructing item is that we will build a car frictional material workshop about 22 thousand sq, a machining workshop about 12 thousand sq, a commixing frictional material workshop about two thousand and four hundred sq, and a technology research center about 7 thousand sq.
We try our best to increase the new economic items circumfusing car industry. If we want to achieve the middle-term or long-term target, the present car frictional material products are not enough. We should choose the preponderant industry to prolong the industry chain circumfusing car industry and based on our predominance. On one hand we plan to quicken the muffler item, on the other hand we want to analyse the other items such as car absorber, car wheel, brake disc and so on, and we will give the plan about how
to make the model into industrialization.
Our company actively fetch in the abroad capital and ab extra items, to achieve predominance compensatory and mutual benefit and double win. At present, the European TRW company have been cooperated with us. So we should catch the chance, work hard, and make this plan into realization. Beside this, we should filtrate excellent cooperate companies, in order to enlarge the producing scale. We plan to expand about 2 or 3 cooperate items in the Xinyi East Industrial Park in one or two years later