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  Name the era of Liberation! Another joint venture was born

  From January to July this year, cumulative sales in the domestic passenger car market totaled 11.079 million units, down 3.5 per cent from a year earlier, according to the Federation of passengers. Among them, the cumulative sales of new energy vehicles in the domestic market was 2.733 million, an increase of 21.5% over the same period last year, making it the only market with positive growth among several major market segments. Instead

  Liberation New Energy Times Ningde Company Market sales Automobile Battery Cooperation Power layout vehicle both sides Global 2022-08-19
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  FAW car invested 100% equity in FAW Jiefang, and its main business changed to commercial vehicles.

  I learned from FAW's official website that FAW issued a notice disclosing the draft restructuring, taking the limited 100% stake in the car as a purchased asset and replacing it with the equivalent part of FAW's 100% stake in FAW Jiefang. The draft mentions that FAW Jiefang 100% equity is priced at 27.009 billion yuan, and the purchased assets are priced at 5.088 billion yuan, with a difference of 21.921 billion yuan, of which 19.921 billion yuan is paid by the company in the form of issuing shares. At the same time, the company plans to raise no more than 3.5 billion yuan. Prior to this, the main business of FAW cars is the development, manufacture and sales of passenger cars.

  Car FAW sedan 2019-08-31
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  New move to go public as a whole? FAW car to acquire FAW Jiefang

  SAIC Group, GAC GROUP and other large automobile groups have long been listed as a whole, but FAW Group has not fulfilled its wishes for a long time. FAW Group has made new moves when it has been listed as a whole for a long time. FAW car issued the suspension notice of FAW car Co., Ltd. on planning major asset restructuring, the announcement said that FAW car intends to purchase FAW Jiefang shares held by FAW shares and raise supporting funds by means of asset replacement and issuing shares to purchase assets. The company will suspend trading from the opening of the market on March 28, 2019, and the suspension is expected to last no more than five trading days. FAW car license suspension the day before (March 27, 2019).

  be listed 2019-03-28
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  Another big personnel adjustment of car enterprises!

  Since Qiu Xiandong was promoted to chairman of FAW Group, the personnel change of FAW is still going on, this time it is FAW liberation. On October 31, FAW Jiefang announced that Hu Hanjie resigned as chairman of the 10th board of directors, director and member of the special committee of the board of directors, and will no longer hold any position in the company.

  Liberation Company General Manager Limited China Vice President New Energy China FAW Enterprise Co. Ltd. Director Product Manager personnel Commercial 2023-10-31
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  FAW car adjusts its merger and acquisition of FAW Liberation and reorganization Plan, canceling 3.5 billion yuan of fund-raising

  On the evening of November 28th, FAW car announced that in order to further optimize the size of the company's share capital after the transaction and comprehensively consider the company's ability to pay cash, it plans to cancel 3.5 billion yuan of matching fund-raising. FAW Jiefang 100% equity held by FAW shares was purchased through major asset replacement, share issue and cash payment. The company said that after this restructuring, its main business has been changed to FAW with strong profitability, and its profitability and core competitiveness have been improved. According to the research report, FAW Jiefang is one of the best assets of FAW Group and the absolute leader of the domestic heavy truck industry.

  FAW sedan FAW liberation 2019-11-29
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  FAW car major assets reorganization plan has been approved by SASAC of the State Council.

  FAW car Co., Ltd. issued a notice today, saying that major asset restructuring issues have been approved by the SASAC of the State Council, and agree in principle to the company's overall plan for asset restructuring and supporting financing. FAW car restructuring proposed to buy assets FAW Jiefang 100% equity, the transaction price of 27 billion yuan. According to the announcement, the State-owned assets Supervision and Administration Commission of the State Council recently received a "reply on issues related to asset restructuring and supporting financing of FAW car Co., Ltd." transferred by China first Automobile Group Co., Ltd. agreed in principle to the company's overall plan for asset restructuring and supporting financing. In addition, the announcement is also.

  FAW car asset reorganization plan approved by SASAC 2019-09-27
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  FAW Mazda finally became a regular worker, at the same level as FAW-Volkswagen and Toyota.

  FAW Mazda finally became a regular worker. FAW Group has completed the asset exchange of FAW cars and FAW Jiefang, so the listed company FAW cars officially changed its name to FAW Jiefang, and its main business was changed to commercial vehicles; while the two major passenger car brands of FAW Pentium and FAW Mazda were all bought out, and the Mazda brand was upgraded internally. According to official sources, FAW Group has adjusted its management relationship with FAW Mazda, changing the main body of cooperation with Japan's Mazda from FAW Pentium car Co., Ltd. to FAW Group, which will hold a 60% stake in FAW Mazda Automobile sales Co., Ltd. In addition, FAW.

  FAW Mazda 2020-05-13
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  The restructuring of FAW cars has been settled, and FAW Pentium has become a wholly owned subsidiary of FAW.

  On March 25th, FAW car announced that, on March 12, the company received the approval of FAW car Co., Ltd. major asset restructuring and the issuance of shares to China first Automobile Co., Ltd. to purchase assets (Securities Regulatory license [2020] No. 352), approved the transaction. After receiving the approval documents of the CSRC, the listed companies actively carry out the transfer of the underlying assets, and as of the date of this announcement, the industrial and commercial change registration procedures for the placed assets and the purchased assets involved in this transaction have been completed. According to the previous restructuring plan, FAW cars will have the exception of FAW.

  FAW cars FAW shares 2020-03-26
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  FAW released three action plans to focus on its own brand in the next three years.

  Recently, FAW Group disclosed its "three major actions" plans for the next three years at an internal meeting. The "three major actions" are "Longteng Action", which is based on its own brand, core key technologies and emerging businesses, "Tiger Leap Action", which is based on joint venture and cooperation 2.0, and "Pegasus Action", which includes spare parts, logistics and other businesses. In the disclosure of the "three major actions" plan, the independent brand-based "Longteng Action" is the focus of FAW Group's development in the next three years. In this regard, FAW Group has also made a three-year planning goal for its own brands, Red Flag, Pentium and Liberation. For the Red Flag brand, FAW plans.

  Release FAW Brand Independence 2019-07-28
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  FAW car transfers two assets, annual profit is expected to increase by 105 million yuan

  On December 11, FAW car issued two announcements in succession, showing that the company will hold assets located in Jingkai District of Changchun City for public listing and transfer at a listing price of 65 million yuan, and the transferee is Changchun Zhisheng stamping Die Co., Ltd. the final transaction is 81.2 million yuan, and the transaction is expected to increase the company's profit by 57 million yuan in 2019. Another announcement shows that the company plans to dispose of the property and transfer it to FAW Asset Management Co., Ltd. (FAW assets) at 75.0481 million yuan. The transaction is expected to increase the company's profit by 48 million yuan in 2019. The two deals are expected to increase the company by 20.

  FAW car 2019-12-12
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  FAW car has a net profit loss of 276 million yuan in the third quarter, and the restructuring plan still needs to be approved by the competent department.

  FAW cars released its third-quarter results, according to data, FAW cars achieved operating income of 6.591 billion yuan in the third quarter, an increase of 20.09 percent over the same period last year. The net profit loss belonging to shareholders of listed companies was 276 million yuan, down 609.65% from the same period last year. In the first three quarters of this year, the total operating income of FAW cars was 17.292 billion yuan, down 6.95% from the same period last year. The net profit belonging to shareholders of listed companies was a loss of 267 million yuan, down 297.33% from the same period last year. In addition, the financial report also disclosed the receipt of 39 million yuan in subsidies from the government. It is worth noting that FAW in the first half of this year.

  FAW car 2019-11-02
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  The organizational structure of FAW was readjusted, and the headquarters of Pentium and Liberation was abolished.

  Since Xu Liuping was transferred to chairman of FAW Group in August 2017, FAW has carried out unprecedented reforms, and soon after that, FAW set up new Pentium Enterprise headquarters, Red Flag Business Department and Liberation Division under the Group. Now FAW Group has carried out structural reform, and the liberation enterprise headquarters and Pentium cause headquarters have been abolished. FAW Group recently issued an internal circular document announcing the abolition of the liberation and Pentium enterprise headquarters, and the headquarters will directly manage the Liberation Company, the car Company and FAW General Motors. After Xu Liuping takes office, in order to strengthen the independent business, FAW will set up a new Pentium business headquarters under the group, including FAW cars and FAW.

  2019-03-09
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  FAW car has a pre-loss of 300 million yuan in the first three quarters and has just received 100 million government subsidies.

  FAW sedan owns two major passenger car brands, FAW Pentium and FAW Mazda. According to the performance forecast released today, FAW sedan is once again at a loss. The latest performance forecast of FAW car shows that the company expects a net loss of 236 million yuan to 296 million yuan in the first three quarters of this year, from profit to loss. As for the reasons for the performance changes, FAW sedan said that from January to September 2019, sales in the domestic passenger car market declined, and the company's vehicle sales decreased, affected by factors such as the switch between country 5 and country 6, rising prices in the precious metal market and fluctuations in the exchange rate of the Japanese yen. As a result, the company's operating income, gross profit margin and other indicators decreased compared with the same period last year.

  FAW Pentium FAW car performance 2019-10-15
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  Independent brand car companies ranked in the top 15, 5 achieved sales growth

  The China Automobile Association released a list of the top 15 enterprise groups in China's brand car sales from January to August 2020. Under the environment of the epidemic and intensified competition in the auto market, sales of most independent-brand car companies declined, and only five achieved year-on-year growth. By contrast, some independent brand car companies have fallen out of the top 15 rankings, the overall car market reflects the gradual concentration of the market to the head brand car enterprises, weak brand performance. From January to August, SAIC's independent sector still led the sales, but fell 14.3%; Geely ranked third, also showed a double-digit decline, a number of independent car companies showed varying degrees of decline; only 5.

  Independent brand car company 2020-09-14
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  After stopping production for 48 days, FAW Toyota Changchun plant resumed work.

  According to the Changchun Health Commission, according to the relevant regulations of the joint prevention and control mechanism of the State Council, and combined with the current situation of epidemic situation in Changchun, it was decided that from 15:00 on May 1, 2022, the Green Park Youth Street Yuhang Community 133Factory dormitory, Green Park Forest Garden Street 3535 District, Green Park

  Factory Changchun Toyota 2022-05-02
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  FAW-Volkswagen change coach!

  On December 10, FAW-Volkswagen officially released personnel adjustment information. According to the needs of the work, according to the research and decision of China first Automobile Group Co., Ltd., from now on: nie Qiang succeeds Guo Yongfeng as Deputy General Manager of FAW-Volkswagen Automobile Co., Ltd. (commercial) and General Manager and Party of FAW-Volkswagen sales Co., Ltd.

  Volkswagen Company sales Limited Brand Manager Vice President Automotive China Co. Ltd. sales Nie Qiang FAW Volkswagen Limited liability New Energy 2022-12-11
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  The reserve price for the transfer of 73.7% shares of the subsidiary of FAW is 695 million yuan.

  China first Automobile Co., Ltd. will list and transfer a total of 73.70 percent of its subsidiary, Machinery Industry Ninth Design and Research Institute Co., Ltd., with a base price of 695.1807 million yuan and the expiration date of information disclosure, according to domestic media reports. Machinery Industry Ninth Design and Research Institute Co., Ltd. was established in 1987, FAW 100% holding company, the main business scope is engineering design, is a well-known planning and design company in the domestic automobile industry. He has participated in the planning of China's first automobile factory, second automobile factory, Beijing automobile factory, Nanjing automobile factory and Jinan automobile factory.

  FAW subsidiary company 2019-08-15
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  The net profit of FAW car fell by 44.88% in 2018, while the loss of its own brand was 507 million yuan.

  FAW car disclosed its annual report that its operating income in 2018 was 26.244 billion yuan, down 5.94% from the same period last year; net profit was 155 million yuan, down 44.88% from the same period last year; and basic earnings per share was 0.0953 yuan. During the reporting period, the company sold 211200 vehicles, a decrease of 11.82% over the previous year. According to the announcement, the net profit of FAW cars in 2018 was-507 million yuan, an increase of 0.45 percent over the same period last year. FAW cars said it was mainly due to the reduction in transportation and advertising expenses this year. In addition, FAW Mazda joint venture, which is 56% owned by FAW car.

  Car FAW sedan 2019-03-30
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  To solve the problem of inter-industry competition, FAW cars and FAW shares are exchanged for assets.

  The problem of peer competition between FAW car and FAW Xiali is expected to be alleviated. A few days ago, FAW car Co., Ltd. issued an announcement that according to the overall strategic layout of FAW cars and the need for major asset restructuring with China first Automobile Co., Ltd., FAW car plans to set up a wholly-owned subsidiary with its own capital of 50 million yuan, and the name of the company is tentatively designated as FAW Pentium car Co., Ltd. FAW Pentium sedan Co., Ltd., established by the latter, will undertake restructuring and purchase assets, FAW sedans purchase passenger car business, and at the same time place FAW liberation assets owned by major shareholders to achieve asset swap. FAW car.

  2019-06-25
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  FAW Pentium personnel changes, "marketing" veteran Meng Xiang will retire to the second line

  2019 is a special year for FAW Pentium. Through constantly changing and brand-new brand marketing layout, FAW Pentium has made itself outperform the market and maintain the performance of rising sales. A few days ago, Meng Xianghui, general manager of FAW car sales Co., Ltd., will retire to the second line because of age and health reasons, and will be replaced by Xiao Xiao, the current head of commodity planning of FAW car Co., Ltd.

  FAW Pentium 2019-12-28