Hubei Mingxiang Group Co., Ltd.

Company Profile: Hubei Mingxiang Group Co., Ltd., formerly known as Shiyan Mingxiang Trading Co., Ltd., was established in 2000, located at No. 14 Renmin South Road, Shiyan City, Hubei Province. The legal representative is Li Huiming, with registered capital of 21.68 million yuan. In March 2004, approved by the Hubei Provincial Administration for Industry and Commerce, Hubei Mingxiang Group Co., Ltd. was established with registered capital of 50 million yuan. The current registered address is Room 1111, Zhaoyin Building, No. 518 Jianshe Avenue, Hankou, Wuhan City.
Since its establishment, the company has always adhered to the principle of "customer first, service first", taking reputation as its purpose and seeking development through service quality. With the joint efforts of all employees, it has won unanimous praise from customers.
Over the past 4 years, the company's business has developed steadily. It has now become an authorized dealer of Dongfeng Automobile Trading Co., and a first-level sales agent of Dongfeng commercial vehicles in Yunnan, Shanxi, and Jiangsu provinces, and has established multiple service stations. The company is a major automobile sales agent of Dongfeng in Yunnan and Jiangsu provinces, and has ranked among the top 3 in Shanxi Province for 2 consecutive years.
Mingxiang Group has over ten controlled subsidiaries. Its business scope is dominated by Dongfeng commercial vehicles and parts, followed by real estate, mechanical processing, passenger cars, logistics, e-commerce, and software development.
Currently, Mingxiang Group's Dongfeng commercial vehicle sales network has covered 80% of the areas in Yunnan and Shanxi provinces. Its controlled subsidiary Yunnan Mingxiang Automobile Trading is a major Dongfeng automobile dealer in Yunnan. Its subsidiary Shanxi Jiexiu Mingtong Automobile Trading (including service station) has ranked among the top 3 in Shanxi for 2 consecutive years in executing Dongfeng vehicle contracts. The sales network of Jiangsu Suqian Mingdong Weiye Trading Co., Ltd., established in 2004, has covered the northern Jiangsu area. By the end of 2003, the group had achieved annual sales of 460 million yuan, and the Dongfeng commercial vehicle marketing system had developed to achieve annual profits of over 10 million yuan. The real estate and passenger car projects have cumulatively achieved profits of 3.4 million yuan and maintained continuous growth. In 2004, the group's budgeted sales revenue is 550 million yuan, with expected net profit of 15 million yuan.
The group currently has over 100 employees, including 7 with postgraduate degrees or above and 57 with college degrees or above. Most employees are versatile talents in corporate management and marketing. The management, well-versed in innovation and decision-making, together with skilled and sincere employees, forms a highly cohesive elite team, providing a strong guarantee for comprehensive corporate development and contributing to society.
"Business, based on trade as the foundation; relying on technology to open up Mingxiang's new world" is the business philosophy of Mingxiang Group. We believe that "management is serious love, training is the greatest welfare." The company takes "integrating employees' personal pursuits into the long-term development of the enterprise" as its purpose, seeking truth and progress, strengthening management, and continuous innovation.
Looking back, Mingxiang people have achieved remarkable results; imagining the future, the development prospects are broad. Mingxiang Group will further explore the market, correctly grasp business opportunities, carefully plan, make accurate decisions, improve systems, and strengthen management. Based on automobile trade and logistics, it will accelerate the pace of building a modern enterprise, gradually advance towards group-oriented and efficient management, and join hands with friends from all walks of life to create a better future and give back to society.