China Automobile Trading Co.,Ltd (CATC) is a large state-owned enterprise established on May 19, 1993 with the approval of China’s State Council. After China’s state framework reform, CATC as a national key enterprise, was successively under direct administration of Central Work Committee for Large Enterprises and State-owned Assets Supervision and Administration Commission of the State Council (SASAC). In May 2004, with approval of SASAC, CATC was merged with China National Machinery Industry Corporation (SINOMACH), and became a membership company of SINOMACH.

According to guidelines of the State Council’s approval, CATC’s main tasks are to adjust automobile market, and curb and stabilize automobile price as well as to introduce international advanced technology through integration of technology and trade to push for technology progress of China’s automobile industry.

In 15 years with imported automobile trade as its main business line, CATC has totally imported and sold more than 50,000 units of automobiles, and have paid over 4 billion RMB of tax and customs duty. Since the foundation ofCATC, it has been keeping good business relations with famous international automobiles manufacturers including GM, Ford, Chrysler, Mercedes-Benz, BMW, Audi, Volvo, Toyota, Nissan, Honda, Hyundai, Daewoo, etc. CATC has received acclaims from related government departments in the field of imported automobile trade, especially for effective implementation of a series of government projects.

Along with the increase of operating revenue, CATC also makes great efforts on the boosting of sustainable development. CATC is devoted to the consolidation of three major operations: imported automobile wholesale as core business line, automobile retail and related service-providing, and industrial park of automobile logistics, exhibition, and trade. CATC is also engaged in exploring three new business frontiers: automobile rental and used automobile, automobile export, and automobile electronic commerce & media service. Moreover, CATC has been undertaking capital operations to speed development.

On the basis of consolidating main business lines, CATC has been pushing for three major innovations in management: innovation in operation mode, in operation mechanism, and in system.CATC has been working on team building and strengthening of comprehensive management.

In face of changing situation in both domestic and global automobile market, CATC is pushing actively for brand name building, system changes, corporate transformation, and new operation modes commensurate with market changes. While keeping a comparatively leading position in domestic imported automobile market, CATC also explores into the market of locally-manufactured automobiles. With the help of modern information technology, integrated resources, and enriched industry chains, CATC is building its core competitiveness through effective interaction among logistics, capital flow, and information flow. The goal of CATC is to become a leading service provider of automobile import & export and automobile sales servsice in domestic market, and to become the most respected company in automobile trade service in 3-5 years in the future.