A Brief Introduction to Luoyang Northern Enterprises Group Co. , Ltd
The Group Co., owns perfect technology,scientific research,test and QC systems and rich technology,advanced equipment and powerful production ability. Only in the Group Co., itself,there are more than60 personnel with senior position or master degrees and various graduates account for 49.6%.By adopting Japanese Honda standard and absorbing its essence,the company produces ¡°Luojia¡±brand motorcycle,which wins the titles of ¡°Quanlity Products¡±in Province,in Department and in Country. In1992,the Group Co.,together with EKCHOR Investment Company of Thailand Chia Tai Group,set up a joint venture company-Luoyang Northern Ek Chor Motorcycle Co.,which produces famous ¡°Dayang¡± brand motorcycles. During the recent years,the Group Co.,has been putting huge investment to extend factory building area and replenish the equipment and now it has set up many production lines with advanced international standard, such as stamping,welding, plastic molding,coating,electric equipment, gasoline engine and motorcycle assembily line etc. It has reached its annual output capacity of 1milliom motorcycles and 1 million spare parts. Since1996,the Group Co., adhering to the principle of ¡°Expanding with low cost¡± and in a form of buying a share with trademark, technology,equipment or funds, set up many subsidiary joint venture companies in Zhejiang, Shangdong, Guangdong, and Shanghai,producing ¡°Luojia¡±, ¡°Greenleaf¡± ¡°Beifeng¡± and ¡°Beiguang¡± brands of motorcycles and some other High-tech products like air conditioner parts,optical fiber and optical fiber plate. At present, the Group Co., has 5 joint-stock companies and 18 holding and assets-owned companies. Its products cover motorcycle and its spare parts and also extend into the field of communication, electric equipment, construction materials, packing and the third industry. The Group Co., has developed into a large multi-business, transtrade, transregional and transowner-ship enterprises group with a total asset of 2.6 billion RMBYuan. The Group Co., has made great achievements during the recent years. Since 1995, its economic profit has been in the first rank in the arsenal industry and was named ¡°Excellent Enterprise¡±. Meanwhile, it was selected in to the ¡°50 Enterprise ¡± specially supported by Henan Province.At present, the Group Co., in its enterprise spirit ¡°Unite and Strive, Improve Innovate¡±, is advancing at high speed to its great target.
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