On February 24th, the Thirteenth Meeting of the Standing Committee of the Twelfth National People’s Congress voted to pass the review report on the qualifications of the representatives of the Twelfth National People’s Congress on the qualification review committee of the 12th National People’s Congress Standing Committee to confirm 2980 people. The qualifications of the representatives of the Third National People's Congress are all valid.

车企人大代表

On February 24th, the Thirteenth Meeting of the Standing Committee of the Twelfth National People’s Congress voted to pass the review report on the qualifications of the representatives of the Twelfth National People’s Congress on the qualification review committee of the 12th National People’s Congress Standing Committee to confirm 2980 people. The qualifications of the representatives of the Third National People's Congress are all valid.

2018 is the 40th anniversary of China’s reform and opening up. Standing at this historical node, the automobile industry, which is the economic pillar that links the national economy and the people's livelihood, is ushering in a wave of transition to “electricity, network, intelligence, and sharing”. Standing on the forefront of history and development of the times, how will various automobile companies seize the opportunities and how will they respond to the challenges? As the “head of the automobile”, what other proposals will be brought by the representatives of the National People’s Congress in the auto industry?

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Fengying Wang (profile picture)

In the list of representatives of the 13th National People’s Congress just announced, many came from the automotive industry. Among them, there are both "old acquaintances" - Wang Fengying, president of Great Wall Motor Co., Ltd., was elected to the National People's Congress for the third consecutive term; there are also "new faces" - Secretary of the Party Committee of China FAW Group Co., Ltd., and Chairman Xu Liuping, Party Chairman and Chairman of the Chery Automobile Co., Ltd. Yin Tongyue, Zhu Huarong, President of Changan Automobile, and Li Shufu, Chairman of Zhejiang Geely Holding Group, were elected representatives of the National People's Congress for the first time. In addition, Secretary of the Party Committee and Chairman of the SAIC Group Chen Hong, Party Secretary and Chairman of the Guangzhou Automobile Industry Group Co., Ltd. Zeng Qinghong served as the 10th and 11th National People's Representatives and is now elected as the 13th National People's Congress. Through this list, we can easily find that the state-owned enterprise reform in the automotive industry will become a hot topic in the two sessions this year.

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Xu Liuping (profile picture)

Of the four "new faces" that appeared on the NPC deputy list, three were from state-owned enterprises. Among them, since Xu Liuping was transferred to China National Automobile Industry Corporation in September 2017, he has initiated a drastic reform in FAW Group involving various aspects such as organizational structure and personnel. At the same time, he has also re-energized his own brands such as Hongqi.

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Zhu Huarong (profile picture)

The Changan Automobile managed by Zhu Huarong has taken the lead in the industry in the reform of state-owned enterprises. Changan Automobile is the first large-scale central enterprise in the automotive industry to launch an equity incentive plan and obtain approval from the SASAC. As early as March 2016, Changan Automobile reviewed and approved the "Changan Automobile Co., Ltd. Stock Options Incentive Plan (Draft)", and then the company reported the application materials to the State-owned Assets Supervision and Administration Commission of the State Council. In August 2016, the equity incentive plan was approved by the SASAC. In September 2016, the Proposal on Granting Stock Options to Incentive Subjects was considered and approved.

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Yin Tongyue (profile picture)

As one of the “steerers” of local state-owned enterprises, Chery Automobile under Yin Tongyue’s governance has been frequently followed and received extensive attention from the outside world: First, it announced that its subsidiary, Guanzhi Auto, has introduced Baoneng Group as a new strategic investor; Chery Automobile is also actively promoting the rebranding and relocation of Kaiyi Motors and intends to sell some or all of its shares.

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Chen Hong (profile picture)

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Zeng Qinghong (profile picture)

In addition, Chen Hong and Zeng Qinghong, who were elected to the National People’s Congress once again, are also the “top leaders” of local state-owned enterprises. SAIC and GAC Group have performed well in recent years, and their autonomy and joint venture sectors have been making progress together. In particular, SAIC Motors and GAC Passenger Vehicles have performed well in their own areas. The data shows that in 2017, the cumulative sales of SAIC's autonomous passenger vehicles exceeded 520,000, a year-on-year increase of 62%; GAC's autonomous passenger vehicles sold a total of 509,000 new vehicles, an increase of 36.7% year-on-year.

车企人大代表

Li Shufu (profile picture)

Obviously, the "top leaders" of the auto companies elected to the 13th National People's Congress will gather in Beijing for a period of time in the future, and the country's reforms will surely be a very hot topic.



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