Jiangsu Kuanda automobile fabric Group Co., Ltd. (002516)

Jiangsu Kuanda automobile fabric Group Co., Ltd. (002516)

Jiangsu Kuangda automobile fabric Group Co., Ltd. is a private joint-stock enterprise group approved by Jiangsu Provincial Bureau of industry and commerce. Its main business is automobile interior decorative fabrics. It is the largest professional production enterprise with the strongest production and R & D capacity in China and a key national high-tech enterprise. The company has a total assets of 900 million yuan, nine subsidiary companies, 1300 employees, including 320 senior engineering and technical personnel.

On December 11, 2016, Jiangsu Kuangda auto fabric Group Co., Ltd. won the nomination award of the fourth China Industrial award.

The company is the only domestic enterprise with a complete industrial chain of automotive interior fabric, with a complete industrial chain of "production of colored differential polyester for automotive interior fabric weaving - (dyeing) - finishing - composite - cutting - finished automotive interior fabric". The headquarters of the company is located in the scenic Taihu Bay Tourist Resort in the Yangtze River Delta. The production and R & D base is located in Wujin Textile Industrial Park, Changzhou. The company has provincial engineering technology center and enterprise technology center, and has subsidiaries in Changchun, Shanghai, Tianjin, Wuhan, Guangzhou and Michigan.

In 2002, the "R value" of China's most developed regions reached 3, which ushered in the first round of rapid growth of automobile market. In 2029, the automobile market in less developed regions gradually became saturated. The 30 years during this period should be the "golden time" for China's automobile market to maintain rapid growth. In other words, from now on, the prosperity of China's automobile market can continue for about 20 years.

The experience of developed countries in Europe, America and Japan shows that when a country's car ownership reaches a certain saturation, the growth rate of car sales will slow down. At this time, the growth of car sales mainly comes from vehicle renewal, rather than first-time car purchase. For the United States, when the number of cars owned by 1000 people reaches 800, the market tends to be saturated. The saturation values of EU countries, Japan and South Korea are about 600 and 500 respectively. The saturation value of China's automobile market is between 400 and 500 vehicles. According to the prediction of authoritative departments, Beijing will enter the automobile saturation period around 2018, and most of the less developed areas may not realize the car ownership of 500 vehicles / 1000 people until around 2029.

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