AutoBeta(AutoBeta.net)02/09 Report--

In order to deal with the influence of COVID-19, many enterprises have donated money and contributed their efforts, and even in order to strengthen the prevention and control of the epidemic, a number of car companies have postponed and postponed the plan to resume production, which shows how serious the epidemic is. Cao Dewang, known as the "glass king", mentioned in an interview with the media a few days ago that China's manufacturing industry already has overcapacity, so there is no need to worry too much about the impact of the epidemic, and the top priority should be to eliminate the epidemic first.

Cao Dewang said that judging from the current automobile industry, car sales and production are declining in 2019, and both dealers and manufacturers have a lot of inventory. Under such circumstances, if the car production line is stopped for 20 days and a month, there will be no big chaos.

Although the epidemic has a certain impact on the entire manufacturing industry, such as Fuyao, the impact of Fuyao Group is also very great. Fuyao Group has several billion dollars in global turnover every month, and now half of its factories are shut down. as a result, most multinational car companies are unable to make orders. Under normal circumstances every month in the past, Fuyao could make a profit of 400 million yuan, but now it is less than 250 million yuan. But Cao Dewang said he did not complain and still contributed money to buy a mask.

Cao Dewang believes that in the face of the current situation, we should concentrate on eliminating the epidemic first, rather than putting solving the problems encountered by enterprises in the first place, waiting for the end of the epidemic, and then exploring ways to solve the problem together.

At present, affected by the epidemic, it has caused more than 70% of domestic automobile enterprises to stop work and production, making the shortage of auto parts a common phenomenon in the automobile industry, and even affecting the upstream and downstream of global supply. However, there are still many enterprises choose to bear the losses and continue to postpone the resumption of production plan, in order to protect the safety of employees and bring greater security risks.

In order to combat the pneumonia epidemic caused by novel coronavirus, Fuyao Group also announced on January 31st that it would donate RMB 100 million from the Heren Charitable Foundation. it is specially used to support Hubei Province (70 million yuan) and Fujian Province (30 million yuan) to fight the pneumonia epidemic infected by novel coronavirus. Originally, Cao Dewang wanted to take advantage of his advantage of having many factories overseas to raise materials and send them to the disaster areas, because in his view, what is most needed to fight the epidemic is materials rather than funds. unfortunately, there is also a shortage of medical supplies in the world, and there are not enough supplies overseas, so Cao Dewang has no choice but to donate money directly to the disaster areas.

According to data released earlier by the China Association of Automobile Manufacturers, China's automobile production and sales in 2019 were 25.721 million and 25.769 million respectively, down 7.5% and 8.2% respectively from the same period last year, and production and sales declined for two consecutive years, an increase of 4.2 and 5.4 percentage points respectively compared with 2018.

Although the number of cars in China has not yet reached saturation, and the per capita number of cars is only 0.17, there is still a big gap compared with 0.86 per capita in developed countries, however, China's car market has entered a period of rapid growth since 2002 and has accumulated a huge car base in the past 18 years. With the improvement of residents' income level and their desire to improve their living standards, many cars have entered the replacement and upgrading cycle, that is, China's automobile market has changed from an incremental market to a stock market. Obviously, China's automobile market still can not achieve great growth in a short period of time, even if the epidemic has not occurred.

Fuyao Group, founded in Fuzhou, Fujian Province in 1987, is a Sino-foreign joint venture specializing in the production of automotive safety glass and industrial technology glass. at present, it has established a complete industrial chain from design research and development, raw material manufacturing, equipment research and development to glass production and functional glass processing in 11 countries, such as China, the United States, Germany, Russia and so on.

Fuyao Group has already become the world's largest professional supplier of automotive glass, and its products have been certified and selected by the world's top automobile manufacturers and major automobile manufacturers, including Bentley, Mercedes-Benz, BMW, Audi, General Motors, Toyota, Volkswagen, Ford, Chrysler and so on, providing them with global OEM supporting services and a full range of automotive glass solutions.

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