Cao Dewang and his Fuyao Glass "American Factory" are among the highest halls of American cinema.
, a Hollywood documentary film "American Factory" last year, brought Fuyao Glass's glass factory in the United States and the head of Fuyao Cao Dewang into a bright moment. The differences in corporate management between China and the United States and cultural conflicts in the film have caused a long-lasting public opinion boom between China and the United States.
Directors Julia Lechette (first from left) and Steven Bergner (second from left) and the filming team received the "Little Golden Man"
Beijing time on February 10, the 92nd Academy of Motion Picture Arts and Sciences Awards ( The Oscars) awards. "AMERICANFACTORY", which was invested and produced by the Obamas and told the story behind the Chinese auto glass king Cao Dewang's entry into the American market, won the best documentary feature film award.
To this end, Cao Dewang also recorded a video, which was posted on Fuyao Group's official Weibo today. In addition to congratulating the two directors, Cao Dewang frankly accepted the criticism of himself in the film. "I know that you have criticized me in your own way, but I still thank you. I will accept your criticisms objectively. What kind of attitude is this for my future development in the United States, Overcoming the shortcomings and making the factory more Americanized has helped a lot.” The
Oscar seems to have also brought Fuyao Glass (600660) the financial support. Fuyao Glass, which opened low on February 10, suddenly rose to popularity at 10 o'clock in the morning, closing at 24.13 yuan, up 1.26%, and its latest market value was 60.5 billion yuan.
watched the documentary "American Factory" produced by Netflix three times in earnest and won the Best Documentary Feature Award. This film is also the first documentary since Obama became a producer. The film is based on the 2008 financial crisis, the closure of General Motors' plant in Dayton, Ohio, and the depression of the entire community. It tells the story of China's Fuyao Glass Group, taking over an abandoned General Motors factory in Ohio, USA, turning it into a glass manufacturing factory and hiring thousands of blue-collar American employees.
"American Factory" filming started in 2015 and lasted for four years. It shows the changes and influence brought by Chinese companies to the "rust belt" of the Midwestern United States, as well as the contradictions and developments, conflicts and fusions under different cultural backgrounds. The
movie has been translated into more than 30 languages and played globally on Netflix. After it was released in August last year, Cao Dewang once said that "American Factory" is objective. It has both our good points and many areas that need improvement. But overall, it reflects that China's prosperity is the result of the Chinese. The reason why I agreed to shoot this film is precisely because we are responsible for history. "Instead of constantly introducing China and Fuyao to Americans, it is better to let them watch it by themselves."
won the 92nd Oscar for Best Recorder After the film, the director of the film thanked Cao Dewang again in his speech.
"Our story takes place in Ohio and China, but it can actually happen anywhere else. Today, the situation of workers is getting harder and harder." One of the directors of the film, Julia Reichert (Julia Reichert) In his award speech, he said, "We believe that if workers from all over the world can unite, the situation will get better." Another director, Steven Bognar, thanked the production team when accepting the award and "rest assured that let us say The people of their stories" and specifically said in Mandarin " thank you Cao Dewang ".
To this end, Cao Dewang also recorded a video, which was posted on Fuyao Group's official Weibo today.
"I'm very sorry that for various reasons, I couldn't go to the scene to applaud for you and be excited with you for the award, but I am here to congratulate you." Cao Dewang said, "I watched the movie very seriously. Three times. I know that you have criticized me in your own way, but I still thank you. I will accept your criticisms objectively. This will help me continue to develop in the United States in the future. Such an attitude, overcoming shortcomings, and making the factory more American, has helped a lot. Thank you! ”
The profitability of the US factory continues to increase.
Fuyao Group was established in Fuzhou, Fujian in 1987, and is now in China, 11 countries around the world including the United States, Germany, Russia, etc. have established research and development, raw material manufacturing, equipment research and development, to glassA complete industrial chain of production and functional glass processing. Products have been certified and selected by the world's top auto manufacturers and major automakers such as Bentley, Mercedes-Benz, BMW, Audi, etc., making it the world's largest automotive glass solution provider.
Fuyao Glass was listed on the main board of the Shanghai Stock Exchange in June 1993, and was listed and listed on the main board of the Hong Kong Stock Exchange in March 2015 (H-share code: 03606). Fuyao's head Cao Dewang joined the Fujian Gaoshan Glass Factory as a buyer in 1976 and has been in the glass industry for 44 years.
With the global heated discussion of "American Factory", Cao Dewang became a world celebrity. The news that Cao Dewang went to the United States to build a factory is no longer unfamiliar to many people.
This "American factory" is located in Dayton, Ohio, in the rust belt of the Midwestern United States. Before 2008, it was an assembly plant for General Motors. The financial crisis hit the Detroit auto giant severely, causing it to close the plant and lay off thousands of local employees.
In 2014, Cao Dewang set up the first American factory of Fuyao Group in the old factory of his major customer-General Motors, and transformed it into a glass design and manufacturing factory. The factory was put into operation in 2015 and now employs more than 2,300 people locally. After it was put into production in October 2016, it turned losses into profits and became the world's largest automotive glass monomer plant.
Shen Wan Hongyuan pointed out that the production capacity of 5.5 million sets of automotive glass at Fuyao Glass's US plant is 20% of the existing domestic production capacity. The U.S. plant produced 1.9 million sets in 2017. In 2018, the production and sales volume was 3.1 million sets, and the capacity utilization rate was 56%. The production and sales volume in 2019 is expected to be 3.9 million sets, a year-on-year increase of 25.8%. The production and sales volume in 2020 is about 4.5 million sets, a year-on-year increase. 18.4%.
With the gradual improvement of the proficiency of employees, the gradual adaptation of equipment and personnel, and the favorable conditions that natural gas and electricity are cheaper than domestic ones, the profitability of the factory is gradually improved. Shenwan Hongyuan believes that from the perspective of auto glass product prices, the average selling price of US auto glass is approximately 35% higher than the domestic selling price. The average money earned per piece of glass is the same as that in North America and China, or even higher than that in China. Fuyao Glass America Co., Ltd. has entered a sound development track.
At the same time, Tesla's Shanghai plant officially resumed work on February 10, and Fuyao Glass's other identity Tesla supplier has also attracted market attention. Fuyao Glass stated on the interactive platform at the end of last year that the company provides car windows and triangular windows for Shanghai Tesla. The
car window glass has a large area, and the triangular window glass is technically difficult and has a large value. Ping An Securities believes that Tesla's intelligent network connection function will promote the application of safety and comfort, intelligent control, energy saving and environmental protection and other multi-functional glass, which will further increase the value of Fuyao's bicycles.
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