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Haojin 广州豪进摩托车股份有限公司
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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Re: Haojin 广州豪进摩托车股份有限公司
All of these manufactures collectively exist in the same conundrum, they all basically make the same things and the plethora of offerings leads to simply selling at or near costs of manufacturing, there is often not even enough revenue to cover any related functional management staff. Then the parent or funding group they are part of may often reign them in and in some respect make their lives miserable. None of them really knowing what to do other then doing what everyone else is doing.
In the struggle they get often carried away, they exaggerate and make promises they cannot keep. They outsource sales to incorrigibles that hurt them and the brand names or simply discount the brands to behind the scenes.
The government will be auditing and trust that will not always be fair and in some instances done in manors to gain or trade favors for cash or opportunities. They will inspect and shut down many, these losses may be that in some cases. Being shut down for violating regulations, fined and then pushed to the breaking point to eliminate some in the industry. The object is or would be to kill some off so that others can survive.
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Re: Haojin 广州豪进摩托车股份有限公司
Six largest Chinese motorcycle exporter, a total value of it global exports, $71,190,000.00 USD for the first quarter of 2013 up 19.66% over Q1 2012. Averaged value of those exports per unit each is $542.69 USD.