Editor's note: Looking back at China's auto parts industry in 2008, who has left a strong one? Who has earned enough eyeballs in the industry? This edition has selected eight leading auto parts companies. Their courage, adventurousness, complacentness and disappointment constitute a complex and rich picture of China's auto parts industry. They are participants in the advancing Chinese auto parts industry and witness to the rising Chinese auto parts industry. Constitutes the expression of the Chinese auto parts industry in 2008. Mr. Tan Yuesheng, President of BorgWarner China New official took more fire For the president of BorgWarner China, Tan Yuesheng, 2008 is definitely a very rewarding year. Although the global financial crisis has affected BorgWarner's sales in North America and Europe, its Asian business, especially its Chinese business, has maintained strong growth. In October this year, the BorgWarner China Technology Center laid the foundation in Shanghai. The world’s largest supplier of engines and powertrains once again sounded the clarion call to fully enter the Chinese market. More importantly, its establishment fully demonstrates the shift in the focus of BorgWarner's strategy. For BorgWarner, the China Technology Center will provide more powerful support for accelerating business development. This is only part of the combination. At the end of the year, BorgWarner Double Clutch Drive System Co., Ltd. was established. According to the agreement, this company led by the National Development and Reform Commission and jointly established by 12 domestic automakers, Zhongfa United Investment Co., Ltd. and BorgWarner (China) Investment Co., Ltd., will establish the key to dual-clutch automatic transmission in 2011. part. At this point, the large-scale DCT project lasted for nearly 10 months. The Chinese and foreign parties each accounted for 34% and 66% of the shares. In terms of Tan Yuesheng’s words, “Strategic layout has a decisive significance for the outcome of the entire campaign. This is an important step in our strategic significance.†Former Yuchai Chairman The current chairman of Jiangsu Yangdong shares Wang Jianming Encounter Waterloo On November 10, 2008, Wang Jianming, the current chairman of Jiangsu Yangdong, was controlled by the Jiangyan City Commission for Discipline Inspection and restricted contact with the outside world. He is currently under investigation. Wang Jianming’s incident occurred in Jiangyan City, which was first established in 2006 after the Guangxi Yuchai Group, a leading domestic power company, was founded. When referring to Wang Jianming, one cannot but mention Yuchai. Wang Jianming, who once served as chairman and CEO of Yuchai Corporation, created the “Yuchai mythologyâ€â€”making a small factory in a remote place the largest internal combustion engine in China. Base, and became the second Chinese mainland company listed on the New York Stock Exchange, thus winning the title of "king of power." However, the “king of power†has not only failed to promote glory and rejuvenation, but has also caused this company, which has been highly hoped for by the local government, to enter a production stoppage. The company’s liabilities have soared by three times when it took over, resulting in the company’s employees blocking their paychecks. Alarmed. Wang Jianming once used his own mind and wrists to establish a glorious image that could be imitated. However, what was unexpected was that the character who had created “Yuchai mythology†encountered Waterloo in Jiangyan City. This is a sigh. For Wang Jianming, it is still too early to draw conclusions. If there are problems, they will not be able to escape the legal sanctions. Weichai Power Co., Ltd. Chairman and CEO Tan Xuguang Investing in new roles faces new challenges Speaking of the impending 2008, Tan Xuguang's face will not be without a smile. At the Weichai 2008 Business Conference held before this, Tan Xuguang announced in a high-profile manner that Weichai's sales revenue exceeded 500 billion yuan this year and earned US$800 million in exports. It was listed in the top 500 Chinese companies for the fifth consecutive year. The rankings have been increasing year by year and have become industries. One of the fastest growing and best-run companies in the industry. At the same time, Tan Xuguang also disclosed that by 2012, Weichai strives to double its sales revenue, exceed 100 billion yuan, and enter the ranks of Fortune 500 companies. Tan Xuguang’s ambition goes far beyond this, because in 2008, he has already taken on some unusual new missions. In the fourth year of the fourth general meeting of the China Internal Combustion Engine Industry Association held in Beijing in the middle of the fourth term, Tan Xuguang was elected as the new chairman of the China National Internal Combustion Engine Industry Association. Although some people think that the CEOs of the companies are only the heads of the trade associations, there are still more people looking forward to it. The man in the internal combustion engine known for his astute, resolute, resolute, and iron-clad style can be the Chinese engine industry. The association injected new vitality and led the association to better serve the industry. Can Tan Xuguang be able to work in both roles and let us wait and see. Wanxiang Group Chairman and Party Secretary Lu Guanqiu Benchmark entrepreneur “It does not rely on speaking out, it is done. Therefore, there must be a goal, calm down, quietly. The sky will not lose pie, everything is dry out.†This is Lu Guanqiu often say a word. Recalling the history of China's reform and opening up, people will never forget a person, that is, the current Chairman of the Board of Directors of Wanxiang Group and Party Secretary Lu Guanqiu. This bald-headed Chinese farmer who swears a heavy Xiaoshan accent, and is also the most successful township entrepreneur in China. He started with 7 workers and 4,000 yuan of capital. He eventually created Wanxiang Group and has been listed on Nasdaq in the United States. . Lu Guanqiu is a representative of Chinese entrepreneurs who have grown up in China. He has no formal education and no systematic management experience. He completely relied on the twists and turns of nearly half a century to cultivate a valuable business philosophy system. The repairman of that year managed to consolidate its position as a world-class company in the auto parts sector through mergers and acquisitions and control of 19 overseas companies. At the same time, it also entered 10 major industries such as agriculture, minerals, new energy, and finance. In 2007, its operating income exceeded 400. 100 million yuan. In the Hurun Report 2008, Lu Guanqiu family has been ranked 14th, with a wealth of 18.5 billion yuan. And its ranking in 2007 was 62nd. Zhang Renqi, President of Zhongfa United Investment Co., Ltd. Face challenge A large DCT project operation alerted the industry and beyond. In the face of the 66% controlling power of BorgWarner, industry insiders questioned whether DCF could bring DCT technology to domestic auto companies. An industry source stated that BorgWarner had the absolute right to speak in a joint venture with a 66% stake, and that BorgWarner would not loosen control of product prices and core technologies, so that the lack of the right to cooperate could only make joint ventures become A joint venture production plant, and the original cooperation will also be a collective purchase. Faced with doubts, Zhang Renqi, president of China Development Investment Corporation, is quite calm: “In China’s auto industry, the most important issue is the joint awareness. China Development Alliance aims to share advanced technologies, avoid duplication of investment, share R&D expenses, and reduce procurement costs. In order to achieve mutual benefit and win-win results, from this perspective, the joint venture between BCG and BorgWarner is more positive.†The hardships of the negotiations led to Zhang Renqi’s deepest experience. At first, Borgwarner proposed 67% to 33%, which means that the foreign party controls more than 2/3 equity and is in absolute control. After bargaining, China finally accounted for 34%. This 1% increase is a very critical 1%. It is the 1% change in shareholding that has changed China’s position on the board of directors. Wu Zhenghe, General Manager of Shanxi Datong Gear Group Chairman With backing power more In 2008, Shanxi Datong Gear Group celebrated its 50th birthday. On July 1, 1958, Datong's predecessor, Datong Integrated Machine Tool Plant, was established as one of the 156 national key projects supported by the former Soviet Union. In 1964, it was renamed Datong Gear Factory. In 1997, it was converted into a company. To this day, Big Gear has gone through 50 years of stormy history. At the celebration of its 50th anniversary, Big Gear's 16-speed transmission was officially put on the market. In this regard, the competition in the transmission market for multi-range heavy vehicles has become increasingly fierce. In 2007, this 16-speed transmission won the key innovation award from the Ministry of Science and Technology. In November, GZ signed an equity transfer agreement with China National Heavy Duty Truck Group in Taiyuan. This strategic reorganization not only ended the situation in which Dafang did not rely on OEMs for a long period of time, but also solved the problem of insufficient production capacity of CNHTC's transmissions, which provided conditions for Dazhe Group and CNHTC to achieve leapfrog development in the next step. As Wuzhenghe, chairman of Dazu, and General Manager, said, Big Tooth will rely on the industrial advantages of China National Heavy Duty Truck and a stable market to rapidly increase the brand influence of transmissions, continuously expand the market share of heavy-duty automobile transmissions, and explore the international market. It seems that the 50-year-old big teeth have to be "squeaky." Yunnei Power Chairman Li Yingkun Enduring to the end is victory In strategizing, the winning streak goes beyond a thousand miles. The ups and downs of years have deeply embedded a sense of advancement and a sense of crisis in Yunneen’s bones. Persevering in the car diesel engine that others do not dare to easily get involved in, and never waver, but also this company's most adorable and most valuable place. In November 2002, Yunnei invested 120 million yuan in the joint development of D16TCI and D19TCI diesel engines with German FEV. This series of products meets the national III and national IV standards, and possesses the potential of national V. It is suitable for cars, SUVs, MPVs and other models. In 2008, Yunnei put these two products on the market and further promoted the industrialization of diesel engines for domestic brands, which attracted widespread attention in the industry. According to Li Yingkun, chairman of Yunnei, “As an independent engine company, we must not only be technologically advanced, but also actively seize the market and lead the market.†Although many people are still not optimistic about the prospect of diesel engines for cars, The dedication and fighting spirit in the cloud is obvious to all. Chengdu Wangshi Weite Co., Ltd. General Manager Zhu Yuanxian Challenge monopoly Zhu Yuanxian, China's first Ph.D. candidate in the automotive engine field since the implementation of the degree system. He joined the American automotive industry in 1992 and has been engaged in the development of automotive diesel engines in units such as the Detroit Diesel Engine Company and U.S. International Truck Engine Technology Center. In 1996, Zhu Yuanxian initiated the establishment of the North American Chinese Internal Combustion Engine Engineers Association in Detroit and served as the first president. In 2004, Zhu Yuanxian resigned from his job in the United States and joined Chengdu Witt as Chief Technology Officer. During this period, Chengdu Witt successfully developed a diesel engine EFI technology that is suitable for the characteristics of the Chinese market—the electric control combined pump system. For commercial vehicle users, it is very attractive and it poses a certain threat to foreign-funded enterprises that have been pushing the high-pressure common rail technology. However, when the country III comes, for the host plant, domestic diesel engine electronic injection system can achieve large-scale mass production as soon as possible, the research and development technology into the actual productivity, is the key factor to determine whether they use the domestic diesel engine electronic fuel injection system. On June 26, 2008, Chengdu Wang's Electronic Co., Ltd. was established. The newly established Wang's Witt Company was formed by the joint venture between Chengdu Witt and Wang Yi Group's Chengdu Yikong High-Tech (EFI), and Zhu Yuanxian served as general manager. In this regard, Chengdu Witt, which is constrained by the funding bottleneck, has more competition and challenges the monopoly. 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Tan Xuguang, Wu Zhenghe 8 CEOs Review 08 Parts Industry