Yan Yanfeng may drop from the listing of any of the group

On December 11, the Standing Committee of the People's Congress of Jilin Province held the 39th meeting and decided to appoint Yan Yanfeng as Vice Governor of Jilin Province. A paper transfer order finally ended the rumors of the death of FAW Group's general manager Yan Yanfeng.

However, the larger mystery emerged. The question of successor candidate and FAW Group's strategy is the two necessary questions for the eyes of the FAW Group.

Goodbye! FAW

“The only thing that can be confirmed now is that Zhai Jun has been appointed as the vice governor of Jilin Province, but he has not been removed from the position of general manager of FAW Group.” Even before this, it was already reported that the company would unload the general manager of FAW Group, FAW Group Gao Yuan, the director of the news center, still said very carefully that he did not leave FAW. However, according to an insider of FAW, the reporter told reporters that Yao has already transferred with his successor, and the new coach of FAW Group will be in January next year.

Yan Yanfeng was once the youngest chairman and general manager of China's large state-owned enterprises. Since graduating from university in 1983, he has worked in FAW Group. It has been for 24 years. On February 28, 1999, at the age of 38, Yan Yanfeng received FAW Group's seal from FAW's old factory manager. In his 8 years of "ruling" career, he led the overall reform of FAW Group, implemented the "Tianyi" restructuring strategy, and repositioned the "Red Flag" brand. In 2006, FAW Group sold 1.166 million cars throughout the year, with a tax of 16.37 billion yuan.

“Miao Miao said that he took over a mess when he took office (in 1997 when Miao Wei was transferred to Dongfeng Group Party Committee Secretary, when he lost Dongfeng’s loss of 500 million yuan), in fact, the days of FAW when Yanfeng took office are also very difficult.” Well-known auto analyst Jia Xinguang recalled that from 1996 to 1998 before Yan Yanfeng took over the position of general manager of Any Group, FAW experienced a particularly difficult three years in history, and the equipment was underemployed and the company’s efficiency was not good. At the beginning of Yan Yanfeng’s inauguration, he made a choice that will have a huge impact on the future of FAW’s liberation brand—focusing on investing RMB 1.1 billion to develop high-end diesel engines of its own brand with high-end diesel engines and establishing a world-class modern production in Wuxi. base.

At the last meeting that decided to develop the project, it was said that “the 11 billion yuan is a big issue that affects the strategic direction of FAW in the next five years and ten years, and it is a major project that involves tens of thousands of people.” Failed, I immediately resigned, and I am willing to be given the punishment by the Party Central Committee, the State Council and all staff, including jail!"

In August 2007, the sixth-generation heavy truck J6 was released in Changchun. Yan Yanfeng said that the liberation of J6's offline is an outbreak of FAW's independent innovation capability. Obviously, such an explosion came from savings in eight years. However, for Yao, the mere breakthrough in the commercial vehicle sector is not enough to quell the industry's discussion of FAW in the field of passenger vehicles.

A long way to go

In August 2006, FAW ushered in another self-owned brand of passenger cars, the Pentium, following Hongqi.

Before Pentium officially announced the price, there was such a story that the price of Pentium 150,000 was not satisfactory. In his view, the Pentium that integrates the wisdom of all employees of FAW Group should get more proper pricing. At the Pentium listing site, Yan Yanfeng said, “We have been planning since 2002 and plan to launch an independent brand of mid-to-high-class cars before 2007. This independent brand project is the result of the wisdom of all employees of FAW Group. Many people have done so. A lot of hard work. "But, you eventually adopted the advice of your subordinates. The price of Pentium hasn't changed at all.

However, this model, which is quite satisfactory, has not been recognized by the industry. “38% of parts and components are purchased overseas, most of them are parts of Ma (Zonda) 6, and a large number of robots also use the Japanese Komatsu equipment together with Ma 6.” Some people in the industry bluntly pointed out that it costs 10 yuan. Billion-billion-built Pentium actually does not have its own production line. It has to co-produce with Ma 6 and, as a major part of the R&D 3H body, China does not possess all of its intellectual property rights.

This is only the beginning. The launch of the HQ3 of Red Flag has brought this kind of criticism to the extreme. In April 2005, FAW Car announced that “the Hongqi HQ3 is scheduled to be listed in March 2006 and will be co-produced with the Crown at the Tianjin FAW Toyota Plant.” But at the end of October 2005, FAW reported that the production site of Hongqi HQ3 will be changed to production in Changchun.

It is understood that on October 10, 2005, FAW Car HQ3 project contact received an official letter from the National Development and Reform Commission fax, this paper official stated clearly: Red Flag HQ3 can not be in Tianjin Tianjin FAW Toyota and Crown co-production, otherwise not to their own brand Registration. Without the registration of “own brands”, FAW Group would not have the significance of producing HQ3, and HQ3 was forced to return to Changchun’s headquarters for production. However, even if it comes back to Changchun, it seems to the industry that the HQ3 with the red flag on the front is also the embodiment of Toyota Majesta (the fourth-generation crown).

Facing various accusations, Yan Yanfeng said that HQ3 is only the product of FAW's own brand development stage. The ultimate goal of FAW is the complete autonomy of core technologies. To this day, FAW Group has built a basic platform for the automotive industry with the latest technology as its core. phalanx. FAW Group, as a flag of China’s auto brands, must be the first to take the lead.

Slowing down listing

On July 15 this year, FAW Group celebrated its 54th birthday. The Outline of the Medium and Long Term Technology Development Plan for FAW Group Co., Ltd. (2008-2020) (hereinafter referred to as the “Outline”) released on that day presented the best birthday present for the future of FAW. The "Program" shows that by 2015, FAW will invest 13 billion yuan in independent research and development and innovation, of which product development costs about 8.8 billion yuan; R & D capacity building costs soft, 2.5 billion investment in hardware facilities; technology development 229 key technologies The project invested about 1.7 billion yuan. Yan Yanfeng said that FAW has made more than 10 rounds of amendments to the framework and content of the "Outline" with only one goal. "Under the guidance of the "Outline," FAW Group plans to use 10 years or so, through the overall progress of science and technology, Form a competitive advantage and complete system support for independent innovation." "These efforts are very valuable," said Jia Xinguang with regret, "but unfortunately he could not accomplish these goals within his term of office."

In March last year, Yan Yanfeng disclosed to the outside world that the FAW Group will go public as a whole. However, over the next year or so, regardless of how the media and the industry were clamoring and analyzing, the overall listing plan of FAW Group during the year did not materialize.

On December 11, FAW Xiali (000927.SH), a listed company of FAW Group, issued an announcement saying that the company transferred the shares of Tianjin Toyota Stamping Parts Company and Resin Parts Company to FAW Toyota Motor Corporation. As soon as this news was released, it was analyzed by industry insiders that the move was a rationalization of the asset relationship that FAW had made to achieve overall listing. "That was only an associational judgment in sensitive periods." Li Chunbo, an analyst at CITIC Securities, believes that this has nothing to do with the overall listing of FAW and, in addition, with the departure of Yanqi, the overall listing of FAW Or will slow down, "After the new leadership takes office, the original strategy will be amended. Now everything is not clear."

The news obtained by the reporter from FAW Group also proved this point. According to an insider of FAW, the overall listing plan of FAW will be put on hold for the time being, “There are many problems involved.” He refused to disclose more details.

The "post-hustle" era

People are now equally concerned about who will take over this large-scale state-owned enterprise with more than 50 years of history, 100,000 employees, and huge social responsibilities. At this time, Xu Jianyi appeared before us.

"Xu Jianyi will certainly come over, but whether he will fully take over the existing power of Yan Yanfeng is still uncertain." Some people who understand the changes in the personnel situation told reporters. In fact, Xu Jianyi and Yan Yanfeng are quite familiar with each other. The two men worked together for FAW Group for 20 years. At that time, Xu worked as a deputy for Yan Feng. According to FAW, the two men had experience of PK in 1999 when they met Zhao Jie’s class.

The older Xu Jianyi was also the FAW "elderly". After entering FAW, he was the deputy general manager of any steam-Volkswagen Group, the general dispatcher of FAW Group Corporation, the deputy general manager, the deputy general manager, and also served as the vice chairman of any steam car company. Until November 2003, he served as governor of Jilin Province (now assistant governor of Jilin Province, member of the provincial government, secretary of the Jilin Municipal Party Committee). Some industry insiders commented that during Xu’s tenure of office, FAW’s biggest contribution to FAW was to complete technical cooperation projects between FAW and Mazda.

In the aftermath of the Yanfeng era, FAW Group’s overall listing and development of autonomy are problems that must be addressed by newcomers.

"FAW's overall strategy will not have major changes." According to Jia Xinguang, there will be no adjustment to the product development system established by the company. "Because once stopped, the loss will be big. However, the red flag issue is not "To solve this problem, the most important thing for FAW now is to launch a new Hongqi model that can bring impulses (enlarge market share) and increase profits (increased profitability) for FAW as soon as possible.

"We must formally announce that the new leadership will wait until January next year." A staff member of the Propaganda Department of the Party Committee of FAW Group said that when the time comes, all answers will come to light.

(This reporter's intern reporter Zeng Wenchao also contributed to this article)

Related Links

Miao Wei: Politics model

In 1997, Miao Wei, a technical background, was transferred from the deputy chief engineer of the Ministry of Machinery Industry to the secretary of the party committee of Dongfeng Motor Corporation. Two years later, he served as the general manager of Dongfeng Motor Corporation and began to take full responsibility of Dongfeng Motor. After entering the main east wind, he carried out a series of restructurings. The performance of Dongfeng has achieved a loss of 500 million yuan from the beginning of his tenure of office and a profit of nearly 6 billion yuan in 2002.

In July 2003, Miao Wei led Dongfeng and Nissan to achieve full cooperation and established Dongfeng Motor Co., Ltd. This is a new exploration of state-owned enterprise reform. Some people call it the Dongfeng model. Since then, Dongfeng has also upgraded the joint venture with Citroën to the level of the entire PSA (Peugeot-Citroen) Group and established a joint venture with Dongfeng Yueda Kia and Dongfeng Honda.

In 2004, Miao Wei was selected by the American Business Week as "Asian Star".

On May 26, 2005, the Wuhan Municipal Party Committee of the Communist Party of China convened a meeting of all leading cadres. At the meeting, the CPC Central Committee read out the decision of the Central Committee of the Communist Party of China: Miao Wei served as a member of the Hubei Provincial Party Committee, a Standing Committee, and a Secretary of the Wuhan City Party Committee.

Integrated Packaged Screw Compressor

Guangda Electromechanical Co., Ltd. , http://www.tbcpower.com