Hafei Chairman Lian Gang: Hafei and PSA joint venture project will progress soon


Sina Automotive News The 2009 China Automotive Industry Forum, the theme of the annual "Financial Crisis and the Adjustment and Rejuvenation of the Automotive Industry," was opened on September 4, 2009 in the Tianjin Binhai New Area. At the forum's plenary session, relevant government officials and senior executives of the automotive industry conducted extensive and in-depth discussions on the revitalization policies and corporate contingency measures introduced by the Chinese government under the financial crisis.

On September 5, Chairman and General Manager of Hafei Automobile Industry Group Co., Ltd. received an exclusive interview with Sina Auto. The following is an interview record.

Sina Automobile: At present, what kind of progress has been made in the joint venture project between Hafei and PSA?

Lian Gang: This should be said that the progress is very smooth, and the specific details are inconvenient, because there are no more cases.

Sina Auto: What plans does Hafei have for product development in the future?

Lian Gang: We have worked out a three-year plan, mainly returning to the main battlefield, focusing on mini vehicles, and of course, developing cars.

Sina Auto: Is there a new plan for cars?

Lian Gang: We have both improved and completely changed small-displacement cars. We will have new car models next year.

Sina Auto: How about the sales of Hafei in the first half of the year?

Lian Gang: Hafei's sales growth in the first half of the year was nearly 20%, and the efficiency was about 50%.

Sina Auto: What are the main products that sell better?

Lian Gang: The best is the Ling wing series of cars, which is an increase of 60%.

Sina Auto: Hafei will still take the road of self-development and self-development in the future?

Lian Gang: Hafei will certainly develop itself.

Sina Automobile: There is no problem of merger by other companies?

Even Gang: Certainly not.

Sina Auto: Before we heard about Dongfeng and Hafei's series of things.

Lian Gang: Hafei did not talk to any company about joint ventures, cooperation and acquisitions.

Sina Auto: The merger of state-owned assets will not be determined by the enterprise?

Lian Gang: Hafei will not do this.

Sina Motor: Which kind of company will it cooperate with?

Lian Gang: We have been negotiating with PSA and we may cooperate in the near future.

Sina Auto: Are there any differences between the two parties? About the joint venture project?

Lian Gang: There will certainly be opinions in the negotiation process.

Sina Auto: Why have you talked for five years and haven't gotten any results?

Lian Gang: Not talking for five years. It is constant contact. Overall, it is still very smooth.

Sina Auto: Is your negotiation to prevent Hafei from being acquired by another company?

Lian Gang: Hafei did not have any enterprise to acquire. There is no such problem. We do it according to established plans and guidelines.

Sina Auto: Can it have results this year?

Lian Gang: This is not easy to say.

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