Thread: Haojin 广州豪进摩托车股份有限公司
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#1 Haojin 广州豪进摩托车股份有限公司
02-17-2013, 02:44 AM
Haojin 广州豪进摩托车股份有限公司 ranks 14th in total production out of the Top 50.
They lost nearly 40% of total production as of Nov 2012 from November 2011.
When a manufacturer looses that much production they suffer great financial looses and strain is placed on cash flows. If part of a larger investment group then capital has to be often diverted to them, acting as a drain on the overall group. Prices of units are typically raised and cost cut in an attempt to balance the books.
This company's enterprise website has lots of inaccuracies, more then the typically high percentages of inaccurate and erroneous data typically found on all the Chinese motorcycle industries websites. In a highly competitive industry it only hurts them more not to maintain accurate information.
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