Is Brilliance Auto a State-Owned Enterprise?
1 Answers
Brilliance Auto is a state-owned enterprise. Below are specific details about Brilliance Auto: 1. Introduction: Brilliance Auto Group Holdings Co., Ltd. is a key state-owned enterprise under the State-owned Assets Supervision and Administration Commission of Liaoning Province. Headquartered in Shenyang, the company focuses on the R&D, production, and sales of complete vehicles, powertrains, and core components, as well as automotive aftermarket services. It owns three independent brands: Zhonghua, Jinbei, and Huasong. 2. Development: After years of exploration and development, Brilliance Auto has established a market-oriented approach with international cooperation as a platform, adhering to the path of "independent innovation, proprietary technology, and strong independent brands." The company has developed a business model that fosters a positive interaction between automotive industry development and capital markets, focusing on five key elements: "core technology, high-quality products, integrity in operations, market share, and profitability" to cultivate its brands.