Huadai
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Corporate logo | |
| Public | |
| Traded as | SSX: HDG |
| Founded | July 23, 1918 |
| Headquarters | Antiytia, Anikatia |
Key people | Kim Mong-Guk, President & CEO |
| Products | Automobiles, Heavy industry, Finance and Insurance, Construction, Engineering, Retail, Aerospace, Defence, Steel |
| Revenue |  UR$184.7 billion (FY 2014) |
Number of employees | 872,109 |
| Website | Huadai Global |
Huadai Group (Anikatian: 후아다이 그룹), is a Anikatian multinational conglomerate headquartered in Antiytia. It comprises numerous subsidiaries and affiliated businesses, it is primarily known for its automotive and ground transportation manufacturing, well known for its line of Huadai, Anikatian Auto Union and Anikatian Auto Union Commercial automobiles. Currently, Huadai Group employs more than 800,000 people worldwide, operates hundreds of manufacturing plants. It was founded in 1918 as a small construction firm, over the next three decades, the group diversified into areas including auto-manufacturing, avionics components, construction and along with industrial, aerospace engines and shipbuilding industries in the mid-1950s, these areas would drive its subsequent growth. During the DSRA it operated as one of the many giant state-owned conglomerates but since the fall of the socialist state Huadai Group has increasingly globalized its activities, and manufacturing, particularly automobiles and ships, have become its most important source of income. Huadai Group is one of the largest company in Anikatia with enormous economic and political power in the country.
Notable Huadai industrial subsidiaries include Huadai,(the leading auto-manufacturer in Anikatia.) Anikatian Auto Union (a leading auto-manufacturer within Anikatia), Anikatian Auto Union Commercial (a leading commercial auto-manufacturer within Anikatia) Huadai Heavy Industries (a shipbuilding and construction company), Huadai Precision Industries (a defence, railway and plant contruction company) and Huadai Development Company (a company engaged in various business areas including petrochemicals, property management and healthcare.) Huadai Department Stores (a leading leisure and retail company) and Huadai Business Holdings (a financial management company). Other notable subsidiaries include Huadai Exchange Holdings (a property company), Sang Yoon Music Co. Ltd (a musical instrument production company), Oung Auto Parts (an automotive parts supplier company), Goungsung Engineering Works (an engineering company), KAIC (a machine tools and heavy industries company) and Huadai Logistics (a supply and logistic company).
Operations
Huadai Group comprises around 14 companies. It is highly diversified, with activities in areas including construction, retail, finance automotive electrical components, defence, auto-manufacturer, shipbuilding, rolling stock contruction, and civil engineering.
Subsidiaries and affiliates
Huadai
Huadai Motor Company is a multinational automotive manufacturer, it is one of the largest manufacturer in Anikatia. Its principal activity is the development and construction of automobiles, commercial vehicles, engines and automotive parts.
Anikatian Auto Union
Anikatian Auto Union is a multinational automotive manufacturer, its principal activity is the development and construction of high quality automobiles, engines and automotive parts.
Anikatian Auto Union Commercial
Anikatian Auto Union is a automotive division of AAC, its principal activity is the development and construction of high quality light and heavy commercial vehicles, engines and automotive parts.
Huadai Heavy Industries
Huadai Heavy Industries is a multinational shipbuilding and construction company, its principal products are aircraft carriers, military vessels, bulk carriers, container vessels, crude oil tankers, cruisers, passenger ferries, material handling equipment steel and bridge structures.
Huadai Precision Industries
Huadai Precision Industries is a multinational defence railway and plant construction company, its principal activity involve the development and construction of small arms, weapons and wheeled and tracked military vehicles. It is also involved in the construction of rolling stock and railways systems within Anikatia along with other civil engineering projects including subways, railways, high-tech speed rail projects and power plant construction.
Huadai Department Stores
Huadai Development Company is a leading multinational leisure and retail company. It controls a number of large retail department store chains along with a number of leisure and theme parks.
Huadai Exchange Holdings
Huadai Exchange Holdings is a multinational property management company and a member of the Huadai Group.
Sang Yoon Music Co. Ltd
Sang Yoon Music Co. Ltd is a multinational a musical instrument production company and a member of the Huadai Group.
Oung Auto Parts
Oung Auto Parts is a multinational automotive parts supplier and a member of the Huadai Group.
Goungsung Engineering Works
Goungsung Engineering Works is a multinational engineering company, its principal activity are the development and construction of civil and automotive projects and components relating to the automotive industry.
KAIC
KAIC is a multinational machine tools and heavy industries company, its principal activity is the development and construction of heavy machinery and industrial components.
Huadai Logistics
Huadai Logistics is a multinational a supply and logistic company, its principal activity are to provide ocean transportation, air transportation, inland transportation, logistics consulting, storage, packaging services as well as supply chain management services along with logistics advice, loading/unloading, and packaging services worldwide.
Munhwa Weekly
Munhwa Weekly is a multinational weekly tabloid magazine. Its principal activity involves the weekly production and distribution of the magazine along with the management of the website and research and journalism into weekly stories.
Defunct
GBF Motors
GBF Motors was a automobile manufacturer established bought by Huadai in 2002 in wake of the collapse of the DSRA however the subsequent financial crisis led to the emergency request for international assistance which came in the form of PMF loans. As part of the economic restructuring requirements of the loans. Poorly run and performing companies were to be shutdown as a result GBF Motors was declared bankrupt in 2003. All its assets were sold and its personnel was transferred to other subsidiaries of the Huadai Group.
External links
| Components companies |
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| Anikatian vehicle manufacturers | |
| Defunct vehicle manufacturers | |
| Foreign vehicle manufacturers with Anikatia operations | |
| Related topics | |
