On April 20, 2013, Guangdong Express Quartet Auto Parts Co., Ltd. (hereinafter referred to as Express Quartet) and Quanzhou Guolian Auto Parts Co., Ltd. (hereinafter referred to as Quanzhou Guolian) held a press conference at Tianjin Meijiang Convention and Exhibition Center, announcing that Quanzhou Guolian officially changed its name. It is Fujian Yuntong Guolian Auto Parts Co., Ltd., becoming a four-party wholly-owned subsidiary of Express.
As the most important company in the commercial vehicle aftermarket, Su Jingyan, chairman of Express Quartet, believes that such a strong alliance has its significance. First, in the five-year strategic plan, we will continue to unite companies in the industry and implement plans for strategic integration. The second is to promote more standardized business operations: integration can achieve complementarities between companies, promote the rational allocation of resources, make the competition in the same region more standardized, and prevent vicious competition. Third, the employees’ career development platform is more extensive: the merger of the two leading domestic commercial vehicle distribution companies provides employees with more room for development, and the smooth exchange of talents within companies can be used to complement each other's talents. .
For the upstream suppliers, the alliance is also very practical. The first is that the procurement network is more sound: After consolidation, re-combine, set all the advantages of the parties, and make procurement more efficient. The second is the more effective integration and utilization of service resources (such as informationization, finance, logistics management), and more effective provision of upstream suppliers to end users to provide better and more timely services. Third, the protection of the market is more standardized: After the joint company has established more standardized market rules, it will reduce the consumption in the market to a minimum, ensure a healthy market environment, and then also protect the interests of upstream manufacturers. Fourth, the supply chain system is highly efficient and win-win: After the joint venture, the company will commit itself to the transformation of procurement management, formulate more reasonable supply chain management rules, continuously improve efficiency, and achieve a win-win situation.
For downstream retailers and end users, the combined impact is not only reflected in services, such as mutual learning, providing customers with a broader information channel, providing more humane and better services. In addition, after the integration of resources, the overall operating costs will decline, and customers will be supplemented to provide customers with more affordable products. At the same time, after integrating the specifications, we can provide customers with safer and more reliable accessories, make the aftermarket more standardized, and enhance customer confidence.
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