The company learned from the Shangchai Shares that the company's product structure has undergone major changes since 2013. Since joining SAIC Group, in order to coordinate with the group's overall strategic layout, the company has adjusted its industrial structure in a pragmatic and pragmatic manner. It has now become the most comprehensive enterprise in the domestic diesel engine industry chain. Its products include large construction machinery diesel engines and commercial vehicle diesel engines. , special engines and liquefied natural gas (LNG) engines, etc., and vehicle diesel engines as the main direction of development. At present, there are two major technical paths for energy conservation and emission reduction in the automotive sector: first, the development of new energy vehicles, and second, the dieselization of passenger vehicles. According to reports, Shanghai Diesel Engine Co., Ltd., as a core diesel engine manufacturer in China, benefits from the government's strong promotion of energy-saving and emission-reduction policies and the development trend of the diesel engine of passenger cars. Shanghai Lingzhong Supercharger Co., Ltd., which has a 40% shareholding in the company, is one of the few suppliers of turbochargers for passenger cars in China. In 2012, the assembly rate of turbochargers for passenger cars in China was approximately 10.7%, and it is expected to reach 2016. Increased to about 25%. Turbocharger has the advantages of high efficiency, energy saving, environmental protection, etc. It can save fuel, reduce exhaust gas emissions and increase torque. At the same time, the road to rapid growth of Shanghai Diesel Engine Group under the grand strategy of SAIC Motor has already begun. SAIC Group mainly considers the advantages of the technology and industry of China Shanghai Shichai Co., Ltd. The positioning of Shangchai’s shares is also based on SAIC’s long-term strategic plan. After SAIC Holdings, SAIC shares the development idea of ​​"rapidly developing automotive products". In recent years, SAIC Motor's new product portfolio has adapted most of the vehicle types, and has laid out a series of diesel engine products ranging from heavy vehicles to light commercial vehicles. . According to reports, the biggest growth point of Shanghai Diesel Futures Co., Ltd. lies in the coordinated development with Shanghai Automotive Commercial Vehicles, becoming the power base for Shanghai auto commercial vehicles, and forming a commercial vehicle series power platform with independent intellectual property rights. The company’s commercial vehicle engine raising and investment project was successively completed in 2013 and became the basis for continued growth in the next few years. At present, Shanghai Diesel Engine Co., Ltd. has become a core supplier of SAIC-GM-Wuling Diesel Engines, providing 1-2 liters of micro-vehicle engines. Shangchai will build a production base with a total capacity of 400,000 vehicles/year in Shanghai and Liuzhou. Some analysts believe that in accordance with the country's overall economic development strategy, Shanghai has launched a free trade zone program, and took the lead in the country to put forward 20 policies to further promote the reform of state-owned enterprises. Shanghai Shichai Co., Ltd. is expected to be the first batch of beneficiary enterprises. Shangqi Auto Group’s controlling shareholder SAIC has entered the free trade zone for the first time. Shanghai Diesel Engine Co., Ltd., as a representative of advanced manufacturing in Shanghai, will seek cooperation and development opportunities through a new window and a new business environment.
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Shangchai Power
Adjusting product structure on diesel stockholders grasping diesel engine development