Is Soueast Motors a Joint Venture or a Domestic Brand?
1 Answers
Soueast Motors is a domestic brand. Fujian Soueast Automobile Co., Ltd. was established on October 23, 1995, with its headquarters located in Fuzhou City, Fujian Province. The company offers a wide range of vehicle models, providing abundant choices for consumers. Below is relevant information about Soueast Motors: 1. From the production of its first vehicle in July 1996 to 2001, Soueast Motors achieved profitability every year with significant growth, demonstrating notable economic and social benefits. The company has cumulatively launched 46 models of light buses and special-purpose vehicles under two major series, the Soueast Delica and Soueast Freeca, selling a total of 30,000 vehicles with sales revenue reaching 8.3 billion yuan and tax profits of 1 billion yuan. It has established 435 sales outlets, 7 vehicle transfer stations, and 247 authorized service centers across the country, covering all economically developed regions and major metropolitan cities in China. 2. Upon its establishment, Soueast Motors attracted 30 high-quality supporting parts manufacturers from Taiwan's China Motor Corporation, which also settled around it, forming a comprehensive automotive industrial park. This 2,900-acre Soueast Auto City, with a total investment of 270 million USD, showcases a development pattern resembling "stars surrounding the moon" or an "aircraft carrier fleet." 3. Soueast Auto City possesses complete stamping, welding, painting, and assembly processes, making it an internationally advanced professional automotive production base with independent development capabilities from front-end supporting parts to back-end vehicle assembly.
