2003 Auto Market Inventory: Top 10 Auto Leaders 1

**Top Ten Auto Leaders of 2003: A Look at China’s Automotive Visionaries** *Southern Metropolis Daily, December 22, 2003, 14:13* In the ever-evolving landscape of China’s automotive industry, a recurring question has always intrigued journalists: With hundreds of light vehicle companies and thousands of leaders, where are the true automotive visionaries? Despite the challenges, it's not fair to say that China lacks leadership in this sector. Compared to global counterparts, the Chinese auto industry still faces significant gaps in market and policy environments, making it harder to nurture top-tier leaders. However, with rapid market expansion and high-speed development in recent years, many companies have shown great vitality, and a new generation of charismatic business leaders has emerged. These leaders come from various backgrounds—some have spent decades in the industry, adapting to new opportunities; others transitioned from government roles into the auto sector, driven by ambition; and some came from completely different industries, seeking new paths. In 2003, *Car Magazine* recognized ten outstanding figures who have made significant contributions to the Chinese auto industry. **Miao Wei: Driving Dongfeng Back to Glory** Miao Wei, CEO of Dongfeng Motor Industry Holdings Co., Ltd., is often described as both a savior and a revitalizer. Taking over as general manager in 1999, he famously vowed to turn the company around or resign. By 2000, Dongfeng achieved overall profitability, fulfilling his mission. Under his leadership, the company launched international partnerships such as Fengshen, Dongfeng Nissan, Dongfeng Honda, and PSA, significantly boosting its global cooperation level. Today, Dongfeng is one of the most open and internationally connected automotive groups in China, with annual profits reaching 6 billion yuan. Miao Wei has become one of the most influential figures in the domestic auto scene. **Wang Chuanfu: From Battery King to Car King** Wang Chuanfu, known as the “Battery King” in Asia, made a bold move in January 2003 by acquiring 77% of Xi’an Qinchuan Automobile Co., Ltd. for 269.5 million RMB. This acquisition marked BYD’s entry into the state-owned auto sector, making it the first private company to hold a major state-owned automaker. Wang transitioned from being a battery expert to a car industry leader, signaling a major shift in his career. **Yan Yanfeng: Rebuilding FAW’s Legacy** Yan Yanfeng, once a technical worker at FAW, rose through the ranks to become a leading figure in the group. Under his leadership, FAW expanded its partnerships with global giants like Volkswagen, Toyota, and Mazda. The company achieved remarkable growth in sales across cars, trucks, and SUVs, while also focusing on the development of the Hongqi brand, which remains a national symbol. **Wei Jianjun: The Pickup King Turns Public** Wei Jianjun, CEO of Great Wall Motors, built the company into a pickup industry leader, holding the top spot for six consecutive years. His strategic moves, such as launching the Saif SUV priced above 80,000 yuan, led to strong sales. In 2003, he fulfilled his dream of taking Great Wall public, with the H-shares listing on December 15 becoming a massive success, with over 600 times the subscription rate. This milestone marks a new chapter for the company and its leader. These leaders represent the evolving face of China’s auto industry, blending experience, innovation, and ambition to shape the future of the sector.

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