So how big is the Fuyao Group? Fuyao Group has established automotive glass production bases in Fuqing, Changchun, Shanghai, Chongqing, Beijing, Guangzhou and other places. It has also established modern float glass production in Fuqing, Fujian, Shuangliao, Jilin, Tongliao, Inner Mongolia, and Haikou, Hainan. The base has formed a complete production and marketing network system that runs through the southeast, northwest, vertical and horizontal directions in the country.
Not only that, Fuyao has also established subsidiaries in Hong Kong, China and the United States, and has established business agencies in Japan, South Korea, Australia, Russia, Western Europe, Eastern Europe and other countries, becoming a truly multinational company. Fuyao is already a qualified supplier of Volkswagen Group, Hyundai Kia, and General Motors Group. It supplies to Ford, Volkswagen, Toyota, Honda, Nissan, Audi, FAW, Dongfeng, and many other OEMs in China. It can be said that basically all new cars are manufactured today. Fuyao’s automotive glass is used.
In 2018, Fuyao Glass’s share was not as good as Japan’s Asahi Glass Co., which was the world’s number one at the time. At that time, Asahi Glass, France's Saint-Gobain, Japan's Sheet Glass and American Gadian were known as the world's four largest glass manufacturers. They almost monopolized most of the global glass market. After rapid development in recent years, Fuyao Glass has surpassed the previous four major glass brands in terms of global share and has become the world's number one automotive glass brand. Fuyao Glass's domestic market share is about 70%, its global share has reached more than 20%, and its turnover is much larger than other brands.
As the head of Fuyao Glass, Cao Dewang is known as the "King of Glass". In addition to his Fuyao Glass being famous at home and abroad, Cao Dewang also has another identity, that is, a social philanthropist. It is reported that since the establishment of Fuyao Group, he has been keen on charity and public welfare undertakings. In more than 30 years, his total donations have reached nearly 10 billion. He would lend a helping hand every time the country and society needed it.
For example, during the COVID-19 epidemic, Fuyao Group immediately allocated a special fund of 100 million to be used on the frontline in Wuhan to fight the epidemic. Not only that, they also actively contacted foreign factories to provide supplies to Wuhan. In the face of the epidemic, regarding the issue of factory resumption of work, Cao Dewang said: "The most urgent thing we have to do is to focus on eliminating the epidemic, and corporate problems cannot be ranked first. The current global economic situation is not good, and many problems in the Chinese economy have not yet been solved. I am ready to live a hard life with this country."
He is such a wealthy billionaire and conscientious entrepreneur, but he is usually very low-key, just like his car. Quite low-key. Many people think that since Cao Dewang has such a high net worth, he should have many cars. Customized versions of Rolls-Royce and Maybach valued at tens of millions are also normal. but it is not the truth.
If I remember correctly, the first time I learned about Cao Dewang’s car was around the Beijing Auto Show in April 2018. It was a Hongqi L5 and the first owner of a limited edition of 100 units in the world. When it comes to the Hongqi L5, it can be said to be the top-notch domestic car. It is not something you can buy with money. The Hongqi L5 represents the highest level of our country's automobile industry. It is not inferior to Rolls-Royce in terms of quality and performance. Les, and it’s a limited edition.
The biggest feature of this car is its low profile and stability. It is a domestic brand made in China and has a low-key design style. Although this car is worth more than 6 million, the customized version is limited to the interior. . For example, it has as many as 10 interior colors for users to choose from. The stitching of the new car is also the finishing touch of the overall interior color matching. In addition, the Hongqi L5 interior panels, steering wheel surface skin, ceiling style, vehicle carpet, backup Details such as box decoration and adjustable air lights are available for users to choose and adjust, as well as some exclusive labels indicating the identity of the new car.
We might as well take a look at the Hongqi L5. In terms of body size, the length, width and height of the Hongqi L5 are 5555/2018/1578mm respectively, and the wheelbase has reached 3435mm. The driving space is so rich. It comes standard with 20-inch five-spoke standard wheels and 20-inch nine-spoke wheels, which are more stable and elegant.
In terms of power, the new car is equipped with a 6.0L V12 engine with a maximum power of 300kW (408Ps) and a peak torque of 550N.m. It is matched with a 6-speed automatic manual transmission. The value of such a power combination lies in its stability.
It is worth mentioning that it is difficult to see this car in Fujian, because although Cao Dewang and Fuyao are both based in Fuzhou, Cao Dewang basically gave the Hongqi L5 car to his son Cao Hui , and also listed on the Shanghai brand. Because Fuyao also has a factory in Shanghai, Cao Dewang's son Cao Hui has been using this car.
Therefore, there may be more chances of seeing this car in Fuyao's Shanghai factory.