Is Chery Automobile a State-Owned or Private Enterprise?
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Chery Automobile is a state-owned enterprise. Additional information: Company profile: Chery Automobile Co., Ltd. (Chery-Automobile-Co.,Ltd.) is a state-controlled enterprise engaged in automobile production. It was registered and established on January 8, 1997, with its headquarters located in Wuhu City, Anhui Province. The current chairman and general manager is Yin Tongyue. The company's products cover passenger vehicles, commercial vehicles, and microcars. Chery Automobile has been the sales champion of Chinese independent brands for nine consecutive years, becoming a representative and high-quality product among Chinese independent brands. Brand culture: The character "Qi" means "especially" and "Rui" means "auspicious and satisfactory". Combined, they mean "especially auspicious and satisfactory". CHERY is derived from the English word CHEERY (meaning "cheerfully" or "joyfully" in Chinese) by removing an "E", expressing the company's philosophy of striving for excellence and never being satisfied with the status quo.