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  Jiangling Motor plans to establish Jiangling Ford passenger car Company with Ford Motor

  On September 26, Jiangling Motor Co., Ltd. issued an announcement to jointly fund the establishment of Jiangling Ford Joint Venture with Ford Motor Company. The registered capital is 200 million yuan, of which Jiangling Motor contributes 102 million yuan and holds 51 per cent of the shares, while Ford contributes 98 million yuan and holds 49 per cent of the shares. From the proportion of equity distribution, Jiangling Motor has more initiative, while Ford should provide more relevant technology. According to the announcement, Jiangling Ford Joint Venture will mainly provide distribution services for Ford-branded vehicles produced by Jiangling Motor, which can also be sold through dealers or terminal customers.

  Jiangling Motors 2021-09-28
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  Jiangling Motor sold its wholly-owned subsidiary and Volvo took over.

  On May 8th, Jiangling announced that it plans to sell 100% of its wholly-owned subsidiary Jiangling heavy truck Co., Ltd. (hereinafter referred to as "Jiangling heavy truck") at a price of no less than 764 million yuan through the public listing of the Shanxi property Rights Exchange Market Co., Ltd. After the completion of the transaction, Jiangling will no longer hold a stake in Jiangling heavy truck. Three months later, Jiangling heavy truck ushered in the "catcher". On August 24th, Jiangling issued an announcement that by the expiration of the listing announcement, the sale of the transaction shares had been solicited from an intended transferee, namely Volvo Lastvagnar Aktiebolag....

  Jiangling Motors 2021-08-25
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  With a government subsidy of 470 million yuan, Jiangling Motor's profit increased by 61% in 2019.

  On March 25, Jiangling released its 2019 performance report, which showed that Jiangling achieved revenue of 29.174 billion yuan in 2019, up 3.27 percent from 28.249 billion yuan in 2018, and net profit belonging to listed companies of 148 million yuan, up 60.96 percent from 92 million yuan in 2018. Basic earnings per share were 0.17 yuan, compared with 0.11 yuan in the same period last year. According to the sales data released by Jiangling Motor on January 4, the cumulative sales in 2019 was 290058, up 1.75% from 285066 in the same period.

  Jiangling Motor Ford Motor 2020-03-26
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  Jiangling Motor and Changan Motor set up a new joint venture company with a registered capital of 1 billion yuan.

  On May 28, Jiangling Automobile Group Co., Ltd. and Chongqing Changan Automobile Co., Ltd. jointly established Nanchang Jiangling Investment Co., Ltd., each of which approved 500 million yuan for 50% of the shares. Nanchang Jiangling Investment Co., Ltd., the company's business scope includes investment management, industrial investment and asset management. The legal representative is Qiu Tiangao, secretary of the party committee and chairman of Jiangling Group, with a registered capital of about 1 billion yuan. As early as 2004, Changan Automobile and Jiangling Motor jointly invested in the establishment of Jiangling Holdings Co., Ltd. But this Jiangling Holdings is not the original Jiangxi Jiangling Holdings Co., Ltd. (hereinafter referred to as "former Jiangling Holdings").

  Tesla electric car electric 2019-05-30
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  Ford brand sales soared, and Jiangling Motor received 168 million yuan in government support.

  On December 19th, Jiangling Motor announced that the company received a total of 168.293 million yuan from Nanchang City, Nanchang Xiaolan Economic Development Zone and Shanxi Transformation Comprehensive Reform demonstration Zone. The above government support funds are related to income and will be included in the company's profits and losses in 2019. In Beijing, where Jiangling Motor received government support, Jiangling Motor's profits fell short of expectations due to the sluggish automobile market and other reasons. According to the third quarter financial report, Jiangling Motor realized operating income of 6.686 billion yuan in the third quarter of this year, an increase of 13.28% over the same period last year.

  Ford Jiangling 2019-12-19
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  Aichi acquires 50% stake in Jiangling Holdings and finds another way to get production qualification.

  According to p.p1 p.p2 p.p3 p.p4 p.p5 span.s1 span.s2 data today, Jiangling Motor Co., Ltd. increased its financing today: Aichi Motor bought 50% of Jiangling holding shares in the form of mergers and acquisitions, and Aichi Motor became the largest shareholder of Jiangling Holdings. Jiangling Motor was listed in Shenzhen on December 1, 1993. As a new car manufacturer, Aichi has not been qualified for the production of new energy passenger cars. "before getting the production qualification, Aichi can acquire the new energy of Jiangling Holdings by buying a 50% stake in Jiangling Holdings.

  Acquisition Jiangling 2019-05-23
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  All of a sudden! Jiangling Holdings is filed for bankruptcy review

  A "bankruptcy review application" message once again pulled Jiangling Holdings, which had been silent for a long time, back to public view. Tianyan check App information shows that November 21, Jiangling Holdings Limited (hereinafter referred to as "Jiangling Holdings") new bankruptcy review case, the applicant is Shanghai Demeike Automotive equipment Manufacturing Co., Ltd., through the measures

  Jiangling Holdings Automobile Lufeng Company sales Brand Limited Co. Ltd. Model Power Investment Tripartite employee data 2022-11-22
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  Jiangling Motor's first-half net profit dropped sharply compared with the same period last year, hoping to transform and redeem the situation.

  According to relevant data, Jiangling accumulated sales of 136600 vehicles in the first half of 2019, down 7.27% from the same period last year, including Yusheng brand SUV and JMC pickup trucks down 85.09% and 21.43% respectively. Even under such circumstances, Jiangling has no intention of lowering its sales target. According to the company, Jiangling Ford and other model upgrades will be put on the market this year, and the Ford brand SUV will be a turning point for the company's profits in the future. Jiangling has become accustomed to flagging performance. From 2016 to 2017, the company's net profit and deducted non-net profit declined.

  Car Jiangling 2019-07-15
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  Aichi Motor has become the largest shareholder of Jiangling Holdings, can it achieve a win-win situation?

  According to Tianyanchao data, a number of industrial and commercial changes have taken place in Jiangling Holdings Co., Ltd. Aichi Automobile Co., Ltd. which has reached a cooperation agreement has been added as a shareholder of Jiangling Holdings, and Aichi Motor has become the largest shareholder of Jiangling Holdings, with a shareholding ratio of 50%. The registered capital of Jiangling Holdings has also increased from 1 billion yuan to 2 billion yuan, and its business scope has added "R & D, production and sales of new energy vehicles". At the same time, Xu Jun, co-president of Aichi Automobile, will succeed Zhang Baolin, president of Changan Automobile Co., Ltd., as the legal representative of Jiangling Holdings. In addition, a number of Aichi executives settled in Jiangling Holdings. Fu Qiang, co-founder of Aichi Automobile, was added as.

  Car Jiangling 2019-07-30
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  Jiangling's third-quarter net profit increased by 198.65% compared with the same period last year, because of the halo of the Ford brand?

  Recently, Jiangling released its third quarter report in 2019. According to the report, Jiangling Motor achieved sales revenue of 6.686 billion yuan in the third quarter of this year, up 13.28 percent from the same period last year, while net profit belonging to shareholders of listed companies was 98.8114 million yuan, up 198.65 percent from the same period last year. In the first three quarters of 2019, the company achieved sales revenue of 20.408 billion yuan, an increase of 1.08% over the same period last year. Net profit belonging to shareholders of listed companies was 158 million yuan, down 27.93% from the same period last year. Although Jiangling Motor performed well in the third quarter, it still showed a decline in the financial results of the first three quarters.

  Sales of Jiangling Motor in the third quarter 2019-10-27
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  Jiangling Motor made a profit of 500 million yuan in 2020 and paid a dividend of 3 billion.

  Recently, Jiangling Motor has caused controversy in the market because of an "abnormal" dividend that has attracted the attention of investors. According to the financial report released by Jiangling Motor, the company's operating income in 2020 was 33.096 billion yuan, an increase of 13.44% over the same period last year, and its net profit was 551 million yuan, an increase of 272.57% over the same period last year. According to the disclosed information on the dividend shooting plan, Jiangling Motor plans to pay a cash dividend of 34.76 yuan (including tax) for every 10 shares. Based on the closing price of 25.39 yuan per share on the day of disclosure, the dividend yield is 13.69%, and the dividend ratio is as high as 544.86%. The news was quick.

  Jiangling Motors 2021-04-05
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  Heavy! Jiangling refused to accept the judgment and appealed to the court, refusing to admit that Lu Feng X7 copied Land Rover.

  In March this year, Jaguar Land Rover eagerly announced a major news that the infringement case of Jiangling Holdings Co., Ltd. (hereinafter referred to as Jiangling Company) was sued by the Chaoyang District people's Court in Beijing, China, and finally won after three years of litigation. The court ordered Jiangling to immediately stop the "unfair competition behavior" involved in the case, immediately stop production and sale of two specific Land Wind X7 models, issued a statement on the official website and media, and paid 1.5 million yuan in compensation to Jaguar Land Rover. We looked through the official website of Jiangling Company and Lufeng Motor and found no relevant statement about the lawsuit. On the contrary, Jiangling Motor Co., Ltd.

  2019-04-23
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  Personnel change! Xiang Dongping joined Jiangling Ford

  According to media reports, Xiang Dongping has joined Ford China as general manager of Jiangling Ford passenger car Marketing Company, with overall responsibility for brand, marketing, sales and service. Data show that since 1998, Xiang Dongping has successively entered SAIC-Volkswagen, Skoda, Volvo and the new car-building force Skyline Automobile, serving as SAIC-Volkswagen brand executive director, Volvo China sales company executive deputy general manager, Skyline automobile director, chief marketing officer and other positions. On March 22, 2020, Xiang Dongping served as Vice President of Hyundai Motor Group (China), deputy general manager of Beijing Hyundai, sales headquarters.

  Jiangling Ford 2021-08-23
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  Aichi Motor became the major shareholder of Jiangling Holdings, investing 1.747 billion yuan to buy 50% of the shares.

  The news of Aichi's acquisition of Jiangling Holdings was finally confirmed. Changan Automobile announced on June 4 that Jiangling Holdings Co., Ltd., a joint venture under the company, intends to introduce strategic investors to increase its capital. Aichi Motor plans to increase its capital by 1.747 billion yuan and take a 50 per cent controlling stake. It is understood that the capital increase and share expansion will be carried out in the form of cash. Aichi Motor plans to increase its capital by 1.747 billion yuan, of which 1 billion yuan will be included in the registered capital and 747 million yuan in the capital reserve. At present, Aichi Automobile has paid a deposit of 300 million yuan. After the completion of this capital increase, the registered capital of Jiangling Holdings increased from 1 billion yuan to 2 billion yuan.

  Automobile acquisition Jiangling 2019-06-05
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  Jiangling Motor and Changan Automobile join hands to set up an investment company with a registered capital of 1 billion yuan.

  P.p1 p.p2 p.p3 span.s1 span.s2 learned from the domestic media that Changan Automobile and Jiangling Motor spent 1 billion yuan to set up Nanchang Jiangling Investment Co., Ltd., the main business scope includes investment management, industrial investment, asset management and other business, and the company's legal representative is Qiu Tiangao. In terms of shareholding ratio, Jiangling Automobile Group Co., Ltd. and Chongqing Changan Automobile Co., Ltd. each held 50% of the shares and subscribed 500 million yuan. On May 27th, the registered capital of Jiangling Holdings Co., Ltd. changed from 2 billion yuan to 1 billion yuan.

  Changan Automobile Establishment Investment Changan Jiangling 2019-05-31
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  Renault Jiangling "weak and weak combination" layout of new energy, can the two sides achieve win-win results?

  Recently, Renault Group and Jiangling Motor announced the establishment of a joint venture, Renault increased its capital by 1 billion yuan to become a shareholder of Jiangling Automobile Group New Energy Automobile Co., Ltd., with a 50% stake. Fu Lan, vice president of Renault Group and chairman of China, and Qiu Tiangao, chairman of Jiangling Automobile Group Co., Ltd., said that this cooperation is a major part of the two sides' layout of new energy strategies, which can promote each other's development in the field of new energy vehicles and enhance their position in the domestic new energy vehicle market. But in fact, the current development of Renault and Jiangling in the domestic market is not smooth, sales fell sharply, industry.

  Renault New Energy Jiangling 2019-08-01
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  Aichi Motor received a financing of 1 billion yuan to solve the problem of the new car's announcement and acquisition of Jiangling.

  Following the financing of 10 billion yuan from Xilai Automobile, another new car-building force, Aichi Automobile Co., Ltd., also received an investment of 1 billion yuan from the Mingchi Fund this month. On May 9, Jiangxi Province Development and upgrading guidance Fund completed its contribution to Shangrao Mingchi New Energy Innovation Investment Center (Mingchi Fund). The amount of funds guided this time is about 1 billion yuan, including 300 million yuan from the provincial guidance fund. it is specially invested in the construction of the Shangrao workshop and production line of Aichi's production capacity of 300000 new energy electric vehicles, as well as the research and development of new models and the layout and construction of nationwide electric vehicle sales experience stores. It is understood that the Mingchi fund is receiving.

  Cars launches financing new cars acquisitions Jiangling 2019-05-29
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  Employees' wages are reduced by 30%, and Jiangling Holdings stops work and production from now on.

  After this epidemic, a number of car companies may be eliminated. People in the industry believe that the epidemic has accelerated the pace of bottoming out in the automobile industry, accelerated the elimination of backward car companies, and shortened the time for the adjustment of the automobile industry cycle. At the same time, the epidemic situation has also accelerated the transformation, upgrading, merger and reorganization of automobile enterprises. With the continuing impact of the epidemic and great pressure on the market, many large car companies have fallen into a storm of "wage cuts", while some difficult car companies may face long-term suspension of production, and senior employees have to face the pressure of work and life. According to an internal document, Jiangling Holdings Co., Ltd. has stopped work and production from now on, and the income of all employees has been reduced across the board. Day.

  Lufeng Automobile Jiangling Holdings Automotive Industry 2020-03-14
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  Hidden safety problems in rear seat belts Jiangling recalls 1587 Ford frontier cars

  According to the website of the State Administration of Market Supervision, Jiangling Motor, in accordance with the requirements of the regulations on the Administration of defective Automobile products recall and the measures for the implementation of defective Automobile products recall, filed the recall plan with the State Administration of Market Supervision and Administration. From now on, a total of 1587 Ford critical vehicles produced from December 18, 2018 to January 31, 2019 will be recalled. In some vehicles within the scope of this recall, due to the deviation between the size of the locking gear parts of the rear seat belt frame and the design requirements, in extreme cases, the recovery of the rear seat belt will be slow, resulting in safety risks. Jiangling Motor Co., Ltd.

  Ford car recall Jiangling vehicle 2019-08-08
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  Land Rover accuses Jiangling of turning defeat into victory! Lu Feng X7 plagiarized range Rover Aurora Patent was ruled invalid

  On December 16, 2019, the Supreme people's Court of the people's Republic of China rejected the second-instance retrial application of Jiangling Holdings Co., Ltd., upholding the second-instance judgment of the Beijing Supreme people's Court, according to the China referee Writing website. Lu Feng X7 was found to have copied the aurora design of Land Rover. Range Rover Aurora made its debut at the 2010 Guangzhou Motor Show, while Jiangling Holdings' Lufeng X7 made its debut at the 2014 Guangzhou Motor Show. The biggest highlight of the Land Wind X7 is its appearance, because the Land Wind X7 is highly similar to the Land Rover Aurora, and the price is much cheaper than the Land Rover Aurora.

  Land wind X7 2020-01-09