In terms of machinery manufacturing, the Yueda automobile project follows the national industrial policy. In November 2001, Yueda signed a strategic reorganization agreement with Dongfeng Motor Company and Hyundai Motor Group in Beijing, and Yueda automobiles were successfully included in the national automobile catalog.
In March 2002, Yueda, Dongfeng and Hyundai Kia officially signed a joint venture contract.
On October 28, 2005, the groundbreaking ceremony of the second plant of Dongfeng Yueda Kia Automobile Co.
The second automobile plant, with a total investment of 6.8 billion yuan and a design capacity of 300,000 cars and 250,000 engines, is the largest industrial investment project in the northern part of Jiangsu Province, and was officially put into production on December 8, 2007 .
By the end of the "Eleventh Five-Year Plan" will form an annual output of 430,000 vehicles in the automotive industry scale, become the largest in Jiangsu, the country's important car production base.
Dongfeng Yueda Kia has a wide range of stylish cars such as Trinidad, Rio, Cerato, Foridian, Yuanfang, Lion, Jiahua, Zhirun, K5 and so on, and has been recognized as one of the 50 automobile manufacturing enterprises with the best growth rate.
Yueda Tractor Manufacturing Company, a large-scale professional enterprise of national tractor production, the production and sales volume of Jinma small four-wheeled tractors ranked in the forefront of similar products in China, is the most complete varieties of domestic gear transmission products with the widest spectrum, and exports to the United States, Western Europe, the Middle East, Southeast Asia and other more than 100 countries and regions.
Out *** Goods value of more than 320 million yuan, for three consecutive years to maintain the first place in the industry.
2006 Yueda tractor products won the Chinese famous brand products and national inspection-free products.
January 20, 2007, Jiangsu Yueda Yancheng Tractor Manufacturing Co., Ltd. 100,000 units of high-powered tractor project in the salt groundbreaking, with a total investment of 750 million yuan, including 100,000 units of large-scale tractor expansion project, the addition of 60,000 units of large-scale diesel engine supporting projects, disappearance mold casting project and casting machine integration project.
The project can form a complete production of high-powered tractors and its supporting industrial clusters, become a new important economic growth point of Yueda, to promote the good and fast development of Yancheng economy will play a positive role in promoting.
Yueda special vehicle project is Yueda Group and the world's top 500 enterprises in Japan Fuji Heavy Industries for technical cooperation in a new industrialization project, with stamping, welding, assembly, painting, testing and other advanced process equipment, with an annual output of 3,000 units of production capacity.
On May 18, 2006, it was formally produced.
The main products are compressed garbage trucks and other special-purpose vehicles with the world's leading level.
After the project is completed and put into production, it is expected to realize a sales income of more than 1 billion yuan, profits and taxes of nearly 200 million yuan, and will become a nationally renowned production base for special vehicles.
In 1993, Yueda and Triumph Group, a famous European fashion enterprise with a hundred years of history, established a joint venture Yancheng International Women's Fashion Co.
The second phase of the project and the national distribution center came into operation.
On August 8, 2006, the third phase of the project (warehousing and distribution center) was officially completed.
The annual production scale reaches 20 million pieces, the annual export foreign exchange of 50 million U.S. dollars, profits and taxes of 60 million yuan, and become the largest international women's underwear production base in the Asian region, integrating production and warehousing.
In order to actively contribute to the transformation of Yancheng from a large textile city to a strong textile city, Yueda lifted heavy capital to vigorously cultivate textile industry projects.
Yueda textile project adhere to the Yancheng, facing the world, to establish "differentiation, scale, internationalization" business philosophy.
The project has a total investment of 4 billion yuan, the first phase of the project has formed 210,000 spindles of high-grade combed, vortex spinning, compact spinning, ring spinning yarn and an annual output of 5 million pieces of clothing, 5 million sets of home textiles, 4 million meters of automobile decorative fabric production capacity.
On May 26, 2005, the signing ceremony of the auto decorative fabric project between Yueda Group and the famous German enterprise Evander Group was held in Yancheng.
On November 23rd of the same year, the foundation stone of Jiangsu Aiwende Yueda Automobile Interior Decoration Co.
This is the first time that Evonik cooperates with a Chinese company in China.
This project, as one of the important projects of Yueda Textile Park, with a total investment of 250 million RMB and 50 million RMB for the first phase of the project, fills the blank of auto textile production in Yancheng textile industry.
In the next few years, Yueda will make full use of the advantages of Yancheng City's rich textile raw materials, land and labor resources, the introduction of the world's advanced technology and equipment, and effectively extend Yueda's own industrial chain, forming a one-stop industrial chain of cotton purchasing and selling, spinning, weaving, printing and dyeing, finishing, and home textile and garment processing.
In terms of energy, Yueda Group has invested in coal mines in Shanxi, Shaanxi, and Inner Mongolia with an annual production capacity of 20 million tons.
Among them, on October 16, 2004, Yueda Group and Shaanxi Coal Group formally signed a cooperation agreement to develop the Huangling Coal Mine Project, with a total investment of 3.3 billion yuan.
Yueda Group acquired 46% of the equity of Huangling No.2 mine with an annual production capacity of 10 million tons, which is the largest economic cooperation project between Suzhou and Shaanxi provinces.
On April 29, 2005, Huangling No.2 Coal Mine Co.
At the end of 2005, it was officially put into production and trial operation.
On December 10, 2006, Yueda and Inner Mongolia Jungar Banner Ulanqu Coal Co., Ltd. held a signing ceremony in Ordos for the transfer of equity in Ulanqu Coal Mine Project.
The mine has a geological reserve of about 100 million tons, which can be mined for more than 50 years, and Shanghai Yueda New Industry was assigned 75% of the equity of the project company.
During the next few years, the total amount of Yue Da coal mining and transferring will reach 20 million tons.
Yueda Yunnan Lead and Zinc Mining Project Company was officially listed on July 25, 2006 in Dali, Yunnan.
Yueda has invested in these projects on a certain scale, which provides a reliable guarantee for improving the overall asset quality and operation quality of the Group.
In terms of infrastructure investment, Yueda, in accordance with the national industrial policy and changes in the market environment, in 1995, invested 21 million U.S. dollars to acquire 67% of the equity of the Yancheng Xinfu section of National Highway 204; in 1997, invested more than 10 million U.S. dollars to acquire 51% of the equity of the section of 106 National Highway Langfang, Hebei; in 1999, invested 52 million yuan to acquire an 80% stake in the Third Ring Road in Xuzhou; In 2000, it invested 1.26 billion yuan to acquire 21% stake in Yihuaijiang section of Beijing-Shanghai Expressway; in 2001, it invested 800 million yuan to acquire 70% operating right of Xitong Expressway in Shaanxi; in September 2004, it invested 1.28 billion yuan to acquire 80% stake in Shanxi section of Beijing-Da Expressway; and in October 2004, Yueda Investment owned 21% stake in Yangzhou Western Bypass Expressway.
On August 31, 2007, the construction of Fenping Expressway, the second expressway invested by Yueda in Shanxi, officially started.
Yueda has held and participated in the operation of eight high-grade highways.
In the field of highway investment, YUEEDA has already established a large scale, and the good and stable investment return has strongly supported the prosperous development of other industries of the Group.
In 1999, Yueda began to carry out fruitful cooperation with Carrefour Group of France, the second largest retailer in the world, and became the only partner of Carrefour in six provinces and one city, including Jiangsu, Anhui, Henan, Shanxi, Hebei, Jiangxi and Chongqing.
As of June 2007, the total number of stores opened by Yueda Group in cooperation with Carrefour has reached 20 stores.
In the next few years, the total number of large supermarket chains opened by the two sides will reach 50, and the commercial retail sales will reach 20 billion yuan.
In addition, in the field of real estate development, Yueda accurately grasp the pulse of the Shanghai real estate market, and is committed to creating a classic community reflecting the style of the times, located in the Zhongshan Park business circle, Louis Triumph Palace in 2003 in Shanghai's most popular real estate selection activities won the overall gold medal.
In November 2004, the foundation stone for the 56,000-square-meter Shanghai Yueda International Building was successfully laid in Jing'an District.
In the next few years, the total real estate area of Yueda will reach 800,000 square meters.
During the "Tenth Five-Year Plan" period, the average annual growth rate of Yueda Group's consolidated sales was 78.4%, and the group realized a sales revenue of RMB 52.56 billion yuan, and paid a tax of RMB 2.79 billion yuan, of which RMB 540 million yuan was paid in 2004, and RMB 680 million yuan was paid in 2005, which is more than 50% of the total tax revenue of the municipal government, and it has been ranked among the top 500 key enterprises in the country. It ranks 133rd among the top 500 key enterprises in China, 12th among the top 50 key large-scale enterprises in Jiangsu Province, and 10th among the top 10 in profit tax.
***, Zou Jiahua, *** and other leaders have visited Yueda Group many times and fully affirmed the development of Yueda.
During the "Eleventh Five-Year" period, Yueda Group will further adhere to the guidance of *** theory and " *** " important thought, fully implement the scientific concept of development, and constantly optimize the industrial structure, capital structure, adhere to the development, adhere to the innovation, adhere to the internationalization, adhere to the equal importance of social and economic benefits, and adhere to the continuous adjustment and optimization of economic structure.
Implementation of the strategy of strong combination, project-driven strategy, science and technology innovation strategy, independent brand strategy.
On the basis of realizing comprehensive sales of more than 30 billion yuan in 2006, we will strive to achieve a turnover of 100 billion yuan by 2010, and become one of the world's leading enterprises.
Yue Da Group, actively research and development of a new generation of sedan products, and hope that more car enthusiasts attention.