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Xiamen Will Always be the Root of King Long Bus
Summarize：On December 1988, Kinglong was founded in a simple concrete pipe factory beside Fang Lake in southeastern Xiamen province, with 5 millions Yuan RMB startup funds. It was difficult for Kinglong to prod ...
On December 1988, Kinglong was founded in a simple concrete pipe factory beside Fang Lake in southeastern Xiamen province, with 5 millions Yuan RMB startup funds. It was difficult for Kinglong to produce the first batch of vehicles, the only way they did is to buy a exported bus, then coping to assemble the exported vehicle parts, at last to sell with the brand of Kinglong.
From zero to a breakthrough of 100 unit vehicles sold, Kinglong had two years time to finish it and finally,personnel were confident about themselves and vehicles. After 4 years, Kinglong had finished the 1000th vehicle, creating a new record in its history. Meanwhile, China began a joint venture wind, many domestic enterprises started to cooperate with international famous brands based on the exchange of shares and markets by technologies. But Kinglong itself made a independent development way.
Original Kinglong enterprise consisted of four production bases, including Xiamen, Suzhou, Wuhan, Shaoxing and a sales company, and its shares were average held by four corporations with 25% respectively. But for gaining high benefits in luxury bus and coach field, finally Kinglong enterprise was divided into three parts, which are now named Xiamen Golden Dragon, Suzhou Kinglong and Xiamen Kinglong. Kinglong was badly hurt by the separation.
Nowadays, Kinglong has recovered, aiming to build the largest bus and coach base in Xiamen with 30 thousand unit vehicles planed goal in 2008. Kinglong already had sold buses and coachs 11.102 unit vehicles from Jan to Nov in 2007, up 24% compared with the same period. The advantage to Kinglong is on complete vehicle technology, and recently, parts manufacturing have rapid development in Xiamen, which are also help Kinglong create more benefits from parts assembly. In March 2006, another new base was set up for Kinglong and was put into production. Kinglong has a new home in Xiamen, Xiaoxiong Lin, board chairman of Kinglong said, no matter what happens, no matter how many bases built in another countries or cities, Xiamen will always be the root of Kinglong.