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Hongyan brand introduction

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SAIC Iveco Hongyan Commercial Vehicle Co., Ltd., a well-known heavy-duty vehicle brand, a subsidiary of SAIC Group, is a modern enterprise focusing on the production, processing and sales of vehicles and key parts of vehicles

SAIC Iveco Hongyan Commercial Vehicle Co., Ltd. (hereinafter referred to as the "Company") is a heavy-duty vehicle manufacturer jointly invested by SAIC Iveco Commercial Vehicle Investment Co., Ltd. and Chongqing Electromechanical Holding (Group) Company.

The company is registered in the northern new area of Chongqing. It has invested more than 2 billion yuan to build a new vehicle production base with an annual output of 80,000 vehicles in Chongqing North New Area, and continues to focus on building a double-bridge production base with key components such as Hongyan Bridge and ZF steering gear, becoming one of the most important heavy-duty vehicle manufacturing bases in China.

The predecessor of the company, the former Sichuan Automobile Factory, was approved by the State Council in the mid-60s and built China's first high-starting point heavy-duty off-road vehicle production base with the introduction of French Bellier military vehicle technology, with nearly 50 years of professional manufacturing experience in heavy-duty vehicles.

On September 18, 2006, witnessed by the prime ministers of China and Italy, the shareholders officially signed the "Strategic Cooperation Agreement on Heavy Duty Vehicles between SAIC Iveco Commercial Vehicle Investment Co., Ltd. and Chongqing Heavy Duty Truck Group Co., Ltd.". On June 15, 2007, SAIC Iveco Hongyan Commercial Vehicle Co., Ltd. was officially established, opening a new chapter in the development of the joint venture.

The company has more than 3,500 employees, 18 departments, 1 technical center, and more than 1,100 professional and technical personnel, including more than 180 senior engineers and 6 national automotive experts.

The joint venture company has introduced the prototype technology of the Iveco brand with international advanced level and competitiveness, and produced high-end vehicles of the Iveco brand in accordance with the national industrial policy to meet the demand of the high-end market. Using Iveco's licensed technology and using the existing platform, we will develop a variety of "Hongyan" brand heavy-duty vehicles with advanced technology, practicality, safety and cost advantages to meet the needs of the mid-end market. On the existing platform, combined with the advanced technology of Iveco, we will continue to improve our independent "Hongyan" products, and the emissions will reach the national IV and above standards, leading other heavy trucks in China, so that the entire product system will reach the domestic first-class and international leading level.

The company adheres to the values of "tenacity, people-oriented, excellence and dedication", and through three to five years of efforts, it has achieved the business goal of more than 25 billion yuan in main business income of vehicles and key parts of vehicles. Build the company into a domestic leading, world-class, with a good social image, to achieve harmony and win-win between enterprises and employees of the heavy-duty truck model enterprise. Finally, the corporate vision of "creating a model of a successful enterprise in the field of commercial vehicles" will be realized.


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