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Four engines drive BAIC Group further up Fortune Global 500 list

Four engines drive BAIC Group further up Fortune Global 500 list

At7:30a.m.U.S.EasternTime,July20,2017,or19:30p.m.BeijingTime,July20,2017,theUS-basedFortunemagazineofficiallyreleasedthe2017FortuneGlobal500list.BAICGroupranked137thonthelistwithoperatingincomeofUSD61.13billion,upby23rungsoverthepreviousyear.OntheafternoonofJuly21,BAICGroupheldapressconferenceonitsrankingagainin2017FortuneGlobal500,andMs.ZhangDan,representativeofFortuneGlobal500inChina,announcedthatBAICGroupranked137thonthelist.Mr.ZhangXiyong,GeneralManagerofBAICGroup,introducedthedevelopmentofBAICGroupandansweredthequestionsfromthemedia.DozensofmainstreammediaathomeandabroadaswellastheleadershipofrelevantdepartmentsofBAICGroupheadquartersandBAICGroup’skeymemberunitsattendedthepressconference.SinceithittheFortuneGlobal500listforthefirsttimein2013takingthe336thplace,BAICGrouphasstayedonthelistforfiveconsecutiveyearsandhasconstantlyimproveditsrankingby199rungs.Inthepastfiveyears,BAICGrouphasrepeatedlyachievedleapfrogdevelopmentbyseizingdevelopmentopportunities,identifyingitsdevelopmentstrategy,settingupdevelopmentgoals,workinghardandpragmatically.In2012,BAICGroupsold1.71millionvehiclesandachievedsalesrevenueofRMB210billion.By2016,BAICGrouphasremarkablyincreaseditsannualsalesto2.85millionvehicles,withitsoperatingincomeexceedingRMB400billion.By2020,BAICGroupisexpectedtoentertheChineseautomotiveindustry’sfirstechelonintermsofscaleandstrength,rankingamongtop12intheglobalautomotiveindustryandtop100ontheFortuneGlobal500list.
Beiqi Group Zhang Xiyong general manager led his unit to the association research work

Beiqi Group Zhang Xiyong general manager led his unit to the association research work

InordertoreflecttheBeijingautoindustryinaquarteroftheoperationoftheBeijingautoindustrytoexchangeproductionandmarketingdynamicsanddevelopmenttrendsforthegovernmentandthehigherauthoritiestoprovidetimely
Beiqi Group Zhang Xiyong general manager led his unit to the association research work

Beiqi Group Zhang Xiyong general manager led his unit to the association research work

InordertoreflecttheBeijingautoindustryinaquarteroftheoperationoftheBeijingautoindustrytoexchangeproductionandmarketingdynamicsanddevelopmenttrendsforthegovernmentandthehigherauthoritiestoprovidetimely
Beiqi Group Zhang Xiyong general manager led his unit to the association research work

Beiqi Group Zhang Xiyong general manager led his unit to the association research work

InordertoreflecttheBeijingautoindustryinaquarteroftheoperationoftheBeijingautoindustrytoexchangeproductionandmarketingdynamicsanddevelopmenttrendsforthegovernmentandthehigherauthoritiestoprovidetimely
Beiqi Group Zhang Xiyong general manager led his unit to the association research work

Beiqi Group Zhang Xiyong general manager led his unit to the association research work

InordertoreflecttheBeijingautoindustryinaquarteroftheoperationoftheBeijingautoindustrytoexchangeproductionandmarketingdynamicsanddevelopmenttrendsforthegovernmentandthehigherauthoritiestoprovidetimely