Introduction to South East (Fujian) Motor Co. ,Ltd.
Under the support of Central Government, provincial and municipal
leaders, South East (Fujian) Motor Co. ,Ltd. ( SEM ) was founded in
Nov. 1995, with registered capital of US $ 138 million and each party
holding 50% of the JV shares.
Up to the present , SEM is the largest auto joint ven ture invested
across the strait, with total investment of US$ 226.89 million, land
acquisition of 760,000 m 2 , and annual capacity of 120,000
units/double shifts. In future based on the principle of rolling
development, SEM will become a motor company with an annual
production/sales capacity of 300,000 units.
With 10 years goes on, SEM has built diversified-product
lines(business cars and passenger cars). The business cars include
DELICA and FREECA. The passenger cars include LIONCEL and SOVERAN. And
more and more new models are under development.
In a few year as its
third stage and fourth stage project complete ,this modern automobile
town. supported by its own research and development centre and dozens
of professional part and component production factories will bound to
become one of the important production bases of china's automobile