King Long Strengthens its Presence in Egypt
2016-11-23
On November 14, the sole agent of King Long minivans, King Long Egypt (hereafter referred to as KLE) and a number of sub-dealers arrived in Xiamen, attending 2016 King Long Minivan Egypt Market Business Conference , which was held to further promote the cooperative ties between the two parties and strengthen King Long’s presence in Egypt
On November 14, the sole agent of King Long minivans, King Long Egypt (hereafter referred to as KLE) and a number of sub-dealers arrived in Xiamen, attending 2016 King Long Minivan Egypt Market Business Conference , which was held to further promote the cooperative ties between the two parties and strengthen King Long’s presence in Egypt.
Signing ceremony of 576 units CKD order
At the meeting, KLE team watched a documentary which reviewed the two parties’ cooperation in the past years. After watching the documentary, one team member was deeply moved, saying that ”China has long been a close friend of Egypt. In the meantime, King Long has long become a trustworthy friend of KLE. We are now more confident about our future.” At the meeting, KLE was awarded the King Long Excellent Sole Agent of Year 2016 and it also signed a new deal with King Long for 576 units CKD KINGWIN minivans.
NEW KINGWIN, which was recently developed by King Long, has a longer wheelbase and a shorter front suspension. Such a design has significantly improved the vehicle’s overall maneuverability and created more interior space. Its newly upgraded lamp system and exquisite interior design are definitely the eye-catchers for passengers. Its rear tire drive system has enabled the vehicle to start up faster and possess stronger acceleration and climbing abilities. During the Business Conference, KLE staff members all took a ride with NEW KINGWIN and they all expressed their admiration for the excellent performance of the vehicle.
Since establishing strategic cooperative ties in 2009, King Long and KLE have been maintaining close business ties. Despite the worsening economic conditions in Egypt in recent years, KLE successfully overcame a host of difficulties and managed to maintain a fast growth rate in 2013, 2014 and 2015. So far, KLE has sold over 23,000 units King Long minivans in Egypt and it has topped the market in Egypt for many consecutive years. In Cairo, you will surely meet 10 units King Long minivans once you stand on the street for just one minute. ”KLE only bought 100 units minivans from King Long in 2009. In 2011, 1,300 units King Long minivans boarded on one ship and started their journey to Egypt, making the headlines for breaking several sales records. In recent years, KLE’s purchases have grown to several thousands units. As the biggest brand in the minivan market in Egypt, King Long achieves its current dominant status by first catering to the special needs of local customers”, says Simon Xie, Overseas Sales and Marketing Director of King Long.
Since the two parties cooperation, the number of King Long minivans in Egypt has seen a robust growing momentum. It reached 1,000 units in June, 2010, 5,000 units in November 2011, 10,000 units in 2013 and 23,000 units in October, 2016.
In 2012, KLE officially launched King Long Minivan CKD Project. It sent a special technical team to Xiamen to study for three months so as to introduce the state-of-art manufacturing technologies and corporate management from King Long to Egypt. In 2013, the project realized mass production and produced over 3,000 units King Long minivans. Currently, as the construction of the new painting, welding and assembly workshops come to their completion, it is able to roll out 5,000 units minivans each year. With a total investment of 100 million Egyptian pounds, its painting workshop ranks the second largest in Egypt. ”The CKD project has not only cut the costs for our customers, but also significantly reduced the delivery time. In addition, it has created a number of job opportunities for local people”, says the Deputy General Manager from KLE.
Creating More Value and Leading You to Success has always been the ultimate goal for King Long minivans. Now, King Long has long been well known among Egyptians. Among young people in the country, it is even an enviable means to making money and making a decent living.