Established in 1989, Ningbo Aux Group, formerly known as Ningbo Sanxing Group has rapidly developed into a large capacity manufacturer and trader. Located in Ningbo City, China, we manufacture and sell air conditioners, kilowatt meters, mobile phones, transformers and substations, real estate, hospitals and automobiles.
As a result of our rapid growth, we now have total assets of more than USD500,000,000 and employ over 12,000 employees. With our major markets including Europe, the USA, Africa, Southeast Asia and Australia, our estimated 2003 revenue was roughly USD1,000,000,000 with export sales of more than USD30,000,000.
Currently, AUX is running at a production capacity of 25,000,000 electrical meters, 3,500,000 air conditioners, 3,200,000 KVA transformers and 30,000,000 cellular phones. Accordingly, holding a 30% share in domestic Chinese market, we are one of the largest worldwide electrical meter companies. As a result, Aux air conditioners are the leading brand in the Chinese air conditioner market.
Over the past 14 years, Aux has successfully developed our business into a world-class company as a result of our innovative and professional corporate culture. We believe that our culture is one of our most important competitive advantages. Bolstering the concept of people being the greatest assets, Aux upholds the core corporate values of innovation, trust, efficiency, focused economic value and daily reasoning.
Although, we have a large footprint in the air conditioning industry, AUX Group is further diversifying itself into the automobile (car manufacturing) industry, new material industry and high tech electronics industry. We have begun SUV and Pick up truck production as of 2003.
Moreover, we have identified a corporate strategy "3558": to have a sales volume of 5,000,000 air conditioners in 3 years, 7,000,000 in 5 years, 30,000,000 mobile phones in 5 years and 70,000,000 in 8 years. Furthermore, AUX has a globalization objective to increase overseas sales volume to USD300,000,000, set up 30 overseas offices, and build 3 manufacturing sites.
To reach these goals, AUX is investing heavily in equipment and human resources including USD100,000,000 on upgrading production facilities and USD30,000,000 to attract and maintain talented employees. One of these projects involves a 2 square kilometer Aux high-tech zone currently under construction. In addition, civil works for a high-tech zone in Nanchang, Jiangxi Province has already been carried out.
As a subsidiary of Ningbo Aux Group, Ningbo Aux Import & Export Co. Ltd has more than 6 years experience in trading machinery and home appliances. Our primary markets include Europe, the USA, Southeast and Mid-east Asia, Africa, and Australia. As a global trader, the mission of Aux Imp. & Exp. Company is to provide the most cost-effective solutions for our customers.
Therefore, if you are interested in any of our product lines or have other products you would like to import, please contact us with your requirements. We look forward to providing you with high quality products, superior customer service and complete satisfaction.