FAW Integrated Light Commercial Vehicle Business


FAW began to integrate weaker light commercial vehicle segments. Yesterday, FAW announced in Qingdao that it would integrate FAW Hongta and FAW Harbin Light Depot to establish FAW Light Vehicle Co., Ltd. in Qingdao. After the integration, FAW Hongta and FAW Harbin were used as their production bases, and the headquarters for decision management moved to Qingdao.

In addition to integrating the above two resources, FAW added an additional 295 million yuan to a wholly-owned subsidiary. FAW Group will hold 34.97% of the equity of FAW Hongta and the net assets of Harbin light depots after they have been reduced. They will inject new assets through asset transfer. After the capital increase was completed, the company’s registered capital was approximately RMB 650 million.

FAW attaches great importance to this listing. Yesterday, Yan Fufeng, general manager of FAW, who was to serve as vice governor of Jilin Province, personally came to Qingdao to unveil the company.

Honglong is specialized in developing and designing, manufacturing and assembling of middle-top grade Modular Building. Main customers are from construction, tourism and trading fields etc. Products are sold to international markets mostly.

Modular building developed and designed by honglong owns the characters of high efficiency production, quick assembly and disassembly, economical cost, environment materials, fashionable decoration, complete home feature, various assembly; it is easy to be assembled on land, mountainous area and water; and very suitable for touring, enjoy holiday, scientific research, industrial & mining district and logistics, etc; it could be different national styles, fit for different areas and environments, different trades and different standards according to customer's different requirements, in the meanwhile, we could provide many high quality service such as decoration, facility provision, action of energy saving and environmental protect, intelligentized design, municipal auxiliary project etc.

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Modular Building

Modular Building,Multi-Functional Environmental Protect House,Environment-Friendly Composite Construction,Energy-Saving Composite Construction

Dongguan Honglong Steel Structure Co,. Ltd. , http://www.steelconstructure.com