Ningbo AUX Group
3Relying on Human Resources and Managing by Trust have
been the Corporate Spirit of Ningbo AUX Group . Ningbo
AUX Group has made great strides in Electrical Meters
and Household Appliances after 13 years research and
development. At present it is one of the biggest giants
in manufacturing electrical power and a household appliance,
with USD3.5 Billion in assets, more than ten thousand
staff currently engaged in building a National Post
Doctoral Workstation and is also a National Key High
Tech Enterprise.
AUX has a high level of plant utilization and can produce
25million electrical meters, 3.5million air conditioners,
3.2million KVA transformers and 30 million cellular
phones annually In electrical meter industry it ranks
the first one in the world, winning the first in domestic
market in consecutive 8 years, with market share of
over 30% in the same field. Aux air conditioner, one
of the leading products of AUX Group, is a leading brand
in Chinese air conditioner industry.
In 2002, AUX air conditioner ranked the third one
in domestic market, in 2003, the sales volume was up
to 2.5 million units The reason why AUX could keep a
rapid, stable and efficient development for 13 years
is its corporate spirit. Relying on Human Resources
and Managing by Trust, AUX never stops questing for
perfecting the corporate culture. It keeps pace with
time, keeps transcending itself, encouraging innovation
under the vision of Relying on human resources and Managing
by trust, "Efficiency centered, economic returns
acting as principle, supplemented with flexibility based
on reason" "Combine rigor together with openness"
finally efficiency emphasized. AUX sums above up three
sentences as its corporation core, "Principle of
economic returns" "Principle of flexibility
subjecting to reason" "Efficiency centered".AUX
Group has diversified many industries such as Automobile
(car manufacturing), new material and high tech electronics,
SUV and Pika which were put into production in 2003.
Meanwhile, it set the 3558 strategy, which indicates
the sales volume of air conditioner is 5million within
3 years, 7million within 5 years; of mobile phone reaching
30million in 5 years, 70 million in 8 years.
Aux, as one of the Top 500 Enterprises in China, 27
key-supported enterprises in Zhejiang province and large-scale
groups in Ningbo, according to Municipal and District
Government overall plan, centering its development strategy,
is making its deliberated practical arrangement. Eying
on the corporation objective, market aim, product target
and talent goal, AUX makes an all-level program to reach
the sales volume of eight billion in near 5 years.
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