Hualing Xingma Automobile (Group) Co., Ltd. (called “Hualing Xingma Automobile” for short) is an important production and research base of heavy truck, heavy special automobile and components. It is rated as Key National Support Enterprise, first batch of "Enterprise of National Complete Automobile Export Base", fourth batch of Innovation-oriented Technical Experimental Enterprise of Ministry of Science and Technology and Model Enterprise for Self-owned Brand Development and Self-independent Innovation Insisting Advocated by Nation.
The company was listed in stock exchange on April 1st, 2003 (stock code: 600375), completed its assets reorganization with Anhui Hualing Automobile Co., Ltd. in 2011 and was rename to Hualing Xingma Automobile (Group) Co., Ltd. in March, 2011.
Besides, it owns five main subsidiaries: Anhui Hualing Automobile Co., Ltd., Anhui Xingma Automobile Co., Ltd., Anhui Xingkaima Power Co., Ltd. (in preparation), Anhui Hualing Axle Co., Ltd. and Anhui Forma Automobile Parts (Group) Co., Ltd. With a floor area of 5000 Chinese acre and building area more than 400,000 ㎡, the company has an annual production capacity of 100,000 heavy trucks, 50,000 high-power engines and 50,000 heavy special automobiles.
Based on total assets of 8 billion Yuan, 5000 employees and 1500 engineering technical persons, Hualing Xingma Automobile has set up national enterprise technology center and postdoctoral R&D station, has intimate technical cooperation with world leading R&D institute and has established long-term industry-school-research institute cooperation with many domestic famous universities, such as Tsinghua University, Shanghai Jiao Tong University, Hunan University and Hefei University of Technology and so on, making the company have strong capacity of product research and development.
The leading product of company includes heavy-duty automobile chassis and complete automobile, engine, heavy special automobile, passenger car, automobile parts and other series of product. CAMC heavy truck is the mainstream brand equivalent to import product and exported to more than 60 countries and areas as Eastern Europe, North Africa, Southeast Asia and South America and so on. Besides, Xingma special automobile is a famous brand with good reputation in market and occupies long-term leading position in domestic market.
Through more than 40 years of continuous accumulation and perfection, the company has formed its own special enterprise culture – respect customer, serve customer, take good faith as basis and meet customers’ personalized requirements, insists on the operation principle "People First, Technology as Priority, Innovation as Soul and Pursuit of Excellence" and takes on the management idea “Create Value for Customers, Opportunity for Staff, Benefits for Enterprise and Wealth for Society”. It is successively honored as Advanced Unit for National Construction of Spiritual Civilization, National May 1 Labor Award and National Civilized Unit and so on. Its product is titled as "National Users Satisfied Product" by China Quality Control Association for many continuous years and was paid much attention and support by party and state leaders.
The basic development idea of company during twelfth five-year plan: implement scientific outlook on development, carry out the policy about increase the promotion of structural adjustment of automobile industry issued by state ministries, provinces and cities, promote the construction of self innovation and self-owned brand and properly develop the core components and parts related to leading product of heavy automobile chassis and heavy special automobile to increase variety of product. During the twelfth five-year plan, the company plans to invest 5 billion Yuan for achievement of annual output of 100,000 heavy trucks, 50,000 engines, 50,000 heavy special automobiles and core automobile parts. If this object can be achieved, 50 billion Yuan of annual sales revenue and 5 billion Yuan of profit tax will be realized.