| Business Summary | | Brilliance
China
Automotive
Holdings
Limited
was
established
to
own
a
51%
interest
in
Shenyang
JinBei
Passenger
Vehicle
Manufacturing
Company,
Ltd.,
a
manufacturer
of
minibuses
in
the
People's
Republic
of
China.
Shenyang's
principal
products
are
the
Deluxe
Minibus,
the
Mid-priced
Minibus
and
the
Standard
Minibus,
with
the
Deluxe
and
Mid-priced
Minibuses
accounting
for
98.8%
of
Shenyang
Automotive's
total
sales
in
1999.
The
Deluxe
and
Mid-priced
Minibuses
are
eight-
to
15-seat
minibuses
adapted
from
Toyota's
Hiace
minibus,
while
the
Standard
Minibus
is
an
11-seat,
domestically
designed
vehicle.
Since
the
market
has
shifted
to
high-end
models,
the
Company
stopped
the
production
of
Standard
Minibuses
as
of
the
end
of
1999. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CBA
is
a
holding
company
which
owns
a
51%
equity
interest
in
Shenyang
JinBei
Passenger
Vehicle
Manufacturing
Company
Ltd.,
which
manufactures,
assembles
and
sells
minibuses
in
China.
For
the
fiscal
year
ended
12/31/00,
sales
rose
45%
to
RMB6.31
billion.
Net
income
rose
34%
to
RMB870M.
Results
reflect
increased
unit
sales
of
Shenyang
Mid-priced
Minibus,
partially
offset
by
higher
income
taxes
charge
and
increased
expenses
to
upgrade
products. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Yang Rong, 43 | Chairman,
Pres and CEO | Wu Xiao An, 38 | Vice
Chairman, Exec. VP and CFO | Su Qiang, 34 | Exec.
VP, Director | Hong Xing, 37 | Exec.
VP, Director | He Tao, 28 | VP,
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|