Saturday, March 04, 2006

Jinshan-Based Shanghai Maple Automobile Achieves Breakthroughs in Both Production and Sales in 2005

SHANGHAI, China, Feb. 13 /Xinhua-PRNewswire/ -- Shanghai Jinshan District Government announces that Shanghai Maple Automobile, a company that has successfully based itself in Shanghai Jinshan District, recently reported news that it produced and sold 24,518 economical and home use cars in 2005, a rise of 143% year on year. The company also generated total tax revenue of RMB120 million, a rise of 155% year on year.


As a local automobile manufacturer with independent proprietary, Shanghai Maple strives to create national auto brands relying on its own R&D and on its own innovation efforts. Its products are mainly small and medium sized home cars characterized by a high performance-price ratio that have won favor from consumers. Moreover, its products have been sold to 17 countries and regions around the world and were shown at the 7th Shanghai International Industry Fair for the first time in 2005. Thus far, Shanghai Maple has set its goals for 2006, which includes the production and sale of 38,000 cars.

About Jinshan District

Jinshan, one of the 19 districts (counties) of Shanghai, is located in the southwest of the city, north of the Hangzhou Bay and west of Zhejiang Province. It is situated at the hub of the economic region linking Shanghai, Hangzhou and Ningbo, and is inside the geographic ring of the Yangtze River Delta that is only a two hours drive away.

Jinshan District has a total land area of 586 square kilometers (about 226 square miles), equivalent to that of Singapore, and a population of 550,000. It has rich natural and cultural heritages, including beautiful beach lines, famous traditional peasant paintings, black ceramic arts and crafts, and a world-renowned petrochemical base.