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::Brief Introduction of AUX Group
  

  Under the vision of ˇ°Managing by humanistic, Dealing by trustˇ±, Ningbo AUX group has reached an incredible achievement after 13 years development. Today AUX possesses total assets RMB 3.5 billion, more than 10 thousand staff. It is entitled as the state level key ˇ°torchˇ± high tech enterprises and has set up postdoctoral work station. AUX electrical energy meters ranked global first, and remained its industrial top position for 8 consecutive years with market share topping at 30%. AUX has sold air conditioners 2.5 million in 2003 and become one of leading brands of domestic market. Now AUX has leaped to the first three in China.

  After entering in WTO, China faces the competitive era of no borderline. AUX group formulated three new development strategic plans: industry developing, capital operating and internationalization developing.

  In industry developing, based on existing industry, AUX group set foot in automobile, new material and high-tech electron. Its business car SUV has come down from product line. AUX formulated air conditioner and mobile ˇ°3558ˇ± project: AUX air conditioner annual sale will reach 5 million within 3 years and 7 million within 5 years, AUX mobile annual sale will reach 30 million within 5 years and 70 million within 8 years.

  In capital operating, AUX will possess of 3 listed companies within 3 years. a new Stock A company, a new Stock H and a merged listed company. Group develops industry area and set foot in industry competitive advantage area through merging and reorganizing.

  In internationalization developing, AUX completes 3 hundred million dollars abroad sales within 3 years, Group sets up 30 abroad branches (representative offices) and 3 abroad manufacturing bases, imports more than 50 technical and sales talents. The new AUX high-tech zone worth RMB 3 billion, covering 150 hectares, would have been set up within 5 years; AUX Nanchang Industry zone, covering 1,000 Mus, would have been sent up until 2004. The two zones will become the important base of group 3 big strategic plans.

  AUX believes: Success comes after efforts, future comes with challenges! AUX staff will constantly pursue trust and efficiency to increase overall management skill and maintain high-speed development. Tomorrow, AUX will also get its foothold among the high-tech giants with vigorous expansion in China. AUX will also become a famous brand in China and worldwide as well.

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