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Wang Jun has a long way to go to take over Zhu Huarong Changan Automobile.
The president of Changan Automobile has been elected, and Wang Jun succeeded Zhu Huarong and was promoted to the position of president.

Wang Jun

10On June 5438+05, it was reported that China Ordnance Equipment Group Co., Ltd., the controlling shareholder of Chongqing Changan Automobile Co., Ltd. (hereinafter referred to as Changan Automobile), had recommended Wang Jun as the president of Changan Automobile. Zhu Huarong, Chairman and Party Secretary of Changan Automobile, no longer serves as President of Changan Automobile. Related procedures are being implemented.

According to public information, Wang Jun has worked in Changan Automobile for many years, and once served as vice president of Changan Automobile Engineering Research Institute, director of marketing department, general manager of sales company, assistant to president, executive vice president and deputy secretary of party committee. He has accumulated rich experience in technology research and development, marketing, organizational construction and personnel training, and has also contributed to Changan Automobile.

It is worth mentioning that as early as September 20th, 20 18, Changan Automobile announced that due to the change of work, Wang Jun no longer served as the executive vice president of the company, and continued to serve as the deputy secretary of the Party Committee and the chairman of the trade union. From this point of view, Wang Jun's succession to Zhu Huarong as president of Changan Automobile was not decided overnight, but more like a plan.

It is reported that Zhu Huarong took over from Zhang Baolin in June 2020, serving as the chairman and party secretary of Changan Automobile, and concurrently serving as the president of Changan Automobile. At that time, it was a critical period for the overall recovery of China's automobile market, and major automobile companies issued strategies one after another to list new cars, striving to restore the production capacity and sales volume to the normal level last year before the golden September and silver tenth. Under great pressure, it took Zhu Huarong four months to make Changan Automobile successfully transition to the traditional automobile peak season. At the same time, the sales of Changan China brand cars, which are focused on development, have further improved.

zhu huarong

It is not difficult to see from Changan Automobile's recently released performance forecast for the first three quarters of 2020 that Changan Automobile has greatly improved as a whole.

Changan Automobile released its performance forecast for the first three quarters of 2020. It is estimated that the net profit attributable to shareholders of listed companies in the current period will be 3.2 billion to 3.8 billion yuan, an increase of 220.23% to 242.78% compared with-2.662 billion yuan in the same period last year. Among them, Changan Automobile's net profit attributable to shareholders of listed companies in the third quarter is estimated to be 598 million yuan-1198 million yuan, an increase of 2,465,438 compared with -42 1.84%-384.2% in the same period last year.

It can be seen that Changan Automobile has turned losses into profits this year. For Wang Jun, it is lucky to take over such an Changan automobile after the "Black Swan" incident! But opportunities are often accompanied by challenges. At present, Changan Automobile is not perfect.

The data shows that Changan Automobile sold 205,500 vehicles in September, a year-on-year increase of 28.6%; From June 5438 to September, the cumulative sales volume was 1370900 vehicles, up 12.05438+0% year-on-year. This sales performance is mainly due to the independent brand of Changan Automobile. In September, a total of 654.38+053 million new cars were sold, accounting for 74.5% of the total sales of Changan Automobile. The gross profit margin of Changan Automobile's own brand is as low as 9.29%. Although it has increased from 8.44% in the same period last year, compared with competitors such as Great Wall Motor, the gross profit margin of the whole vehicle exceeds 16%, which is still far from it. Therefore, just looking at the "selling cars" part, Changan Automobile is still at a loss.

Changan Automobile's performance in the third quarter was mainly due to the rise of Contemporary Ampere Technology Co., Ltd. held by Changan Automobile, the sale of 50% equity of Changan PSA, the introduction of strategic investment by Changan New Energy, a wholly-owned subsidiary, and the company's waiver of the preemptive right to increase capital, including the approval of the plan of 144 1 100 million new shares.

Therefore, Changan Automobile, which seems to be profitable, is actually "at stake". In addition, the competition in China automobile market is becoming more and more fierce. There will be "smoke everywhere" between traditional automobile enterprises, between traditional automobile enterprises and new forces, and between new forces and new forces. Wang Jun, the new president of Changan, will also face greater challenges.

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.