Brilliance Auto Group Holdings Limited
Brilliance Auto Group Holdings Limited, or Brilliance Auto Group, is a key State-owned enterprise under the State-owned Assets Supervision and Administration Commission of the Liaoning Provincial Government. Headquartered in Shenyang, capital of Northeast China's Liaoning province, the company is a main force of the auto industry in China. The history of Brilliance Auto Group can be traced back to 1949. In 1959, the company, then known as Shenyang Automobile Factory, trial-manufactured five "Julong" brand trucks, marking a new stage of automobile manufacturing in the People's Republic of China.
Brilliance Auto Group currently has six vehicle manufacturers, four engine manufacturing companies and multiple others producing auto parts in Liaoning, Sichuan and Chongqing. It also has four listed companies (Brilliance China Automotive Holdings Co, Shanghai Shenhua Holdings Co, Jinbei Automotive Co, Xinchen China Power Holdings Limited) as well as more than 160 wholly-owned, holding companies and other equity interests. In response to the Belt and Road Initiative, Brilliance Auto Group established overseas KD (Knocked Down) plants in participating countries. Employing 47,000 people, the group holds total assets of more than 170 billion yuan ($24.2 billion).
Brilliance Auto Group is mainly engaged in the research and development (R&D) and production and sale of finished automobiles and powertrain and core components. It also conducts an automotive aftermarket business, automobile financing and new energy undertakings.
With two national certified enterprise technology centers, a national recognized laboratory and a postdoctoral mobile workstation, the group possesses the full-process forward development capabilities of finished vehicle concept design, style design, engineering development and prototype trial-production and testing. It is also capable of designing and developing core auto parts such as powertrains.
Owning three proprietary brands, Zhonghua, Jinbei and Huasong, and the two joint venture brands of BMW Brilliance and Renault Brilliance, the company covers the whole field of passenger and commercial vehicles.
In the future, Brilliance Auto Group will stick to reform and innovation and opening-up and cooperation, focus on its main business to achieve transformation and upgrading and high-quality development, and build itself into a global well-known automobile enterprise group noted for innovation, competitiveness and vitality.