New continent Holding Co., Ltd. (000571)

New continent Holding Co., Ltd. (000571)

Xindazhou Holding Co., Ltd., founded in 1988, is a listed company with manufacturing and coal industry as the main body. The company was restructured into a joint-stock enterprise in 1992 and successfully listed in Shenzhen Stock Exchange in 1994. Today, new continent has nearly 10000 core employees nationwide. By the end of 2014, the company's total assets reached 4.466 billion yuan, net assets reached 2.185 billion yuan, and accumulated tax revenue reached 2.701 billion yuan. In addition, the joint venture new continent Honda and new continent Energy Technology Co., Ltd. have total assets of 4.367 billion yuan, net assets of 1.966 billion yuan and accumulated tax revenue of 3.585 billion yuan. New continent now has several major industries such as motorcycle manufacturing, electric vehicle manufacturing, aircraft parts manufacturing, yacht manufacturing, coal mining, coal chemical industry and logistics.

New continent is a company developed from motorcycle manufacturing. As the pillar industry of the new continent, motorcycle manufacturing has always been a forward-looking attitude leading the development of enterprises. In 2001, new continent cooperated with Japan Honda Technology Research Industry Co., Ltd. to establish new continent Honda Motorcycle Co., Ltd. and set up two modern chemical plants in Shanghai and Tianjin. Now it has become Honda's world-class motorcycle production base.

On this basis, the new continent further involved in the field of electric vehicles, and established Shanghai new continent Electric Vehicle Co., Ltd. in 2003. Up to now, it has established electric vehicle production plants in Shanghai, Tianjin and Wuxi. In 2003, new continent established Shanghai new continent Logistics Co., Ltd., focusing on domestic warehousing, transportation, distribution, scheme design and other professional logistics management services. In 2006, Inner Mongolia Yakeshi 59 Coal Group entered the coal industry through merger and acquisition of new continent, which provides reliable resource guarantee for new continent to obtain stable and long-term investment income. In 2012, the company realized joint venture with Zaokuang group, the leader of China's coal industry, laying a foundation for the new continent to take off in the energy industry. In the face of the global economic development trend and the new situation of national transformation and development, the company aims at the aviation and yacht industry and actively promotes the development in the high-end manufacturing field. In 2013, it established AVIC new continent Aviation Manufacturing Co., Ltd. with AVIC development, and carried out a comprehensive joint venture and cooperation in the yacht industry with St. laurenzo of Italy, And successively established Hainan new continent St. Lorenzo Yacht Manufacturing Co., Ltd., St. Lorenzo (China) Holding Co., Ltd., Hainan St. Dino Yacht Club Co., Ltd., in order to realize the upgrading development layout of the company's manufacturing industry.

From Hainan to Shanghai, Tianjin, Inner Mongolia, and then to Hainan, Xindazhou adheres to the business philosophy of "entrepreneurship, innovation, and creation". After the test and baptism of the market, Xindazhou continuously develops and innovates, keeps pace with the times, and makes a grand layout of the strategic development blueprint of the whole country and even the world.

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