On May 21, Jianghuai Automobile announced that the overall listing of Jianghuai Automobile Group (hereinafter referred to as “Jiangsu Automobile Group†was actively carried out. The Anhui Provincial State-owned Assets Supervision and Administration Commission held its 70.37% stake in Jiangqi Group without compensation. Transferred to Anhui Jianghuai Automobile Group Holdings Co., Ltd. (hereinafter referred to as “Jiangqi Holdingâ€), and the agency’s due diligence, auditing and evaluation of related assets related to restructuring matters are still in progress, and Jianghuai Automobile will continue to suspend trading. Prior to this, Ankai Automobile also issued the same equity transfer announcement. This also means that on the occasion of the 50th anniversary of Jianghuai Automobile, Jiangqi Group is making every effort to accelerate the overall listing pace.
Established Jiangqi Group Holding Company
According to the announcement issued by Jianghuai Automobile, the “Notice on the Transfer of Equity of Anhui Jianghuai Automobile Group Co., Ltd.†was received by the controlling shareholder Jiangqi Group, according to the Provincial State-owned Assets Supervision and Administration Commission of the Anhui Province (No. 278 [2014] No. 278) The approval of the transfer of 70.37% equity of Anhui Jianghuai Automobile Group Co., Ltd., Anhui State-owned Assets Supervision and Administration Commission transferred its 70.37% stake in Jiangqi Group to Jiangqi Holdings without compensation, and requested Jiangqi Group and Jiangqi Holdings to In accordance with relevant regulations, the procedures for property rights registration and industrial and commercial changes of state-funded enterprises shall be handled in a timely manner.
At the same time, Ankai Automobile also announced that it received the same notice. It is reported that after the equity transfer, Jiangqi Holdings will become the controlling shareholder of Jiangqi Group, and Jiangqi Holdings will indirectly hold 20.73% of the shares of Jianghuai Automobile through Jiangqi Group. Jiangkai Group, another listed company of Jianghuai Automobile Group, completed the equity transfer, and Jiangqi Holdings indirectly held 35.43% of its shares through Jiangqi Group, but the actual controller has not changed, still in Anhui Province. SASAC.
It is reported that on April 15 this year, Jianghuai Automobile and Ankai Automobile also announced the announcement of a major asset restructuring plan. Jianghuai Automobile and Ankai Bus's major shareholder Jiangqi Group are preparing for the overall listing, and intend to use Jianghuai Automobile as a listing platform to pass major assets. Restructuring is achieved.
According to the analysis, since its listing, Jianghuai Automobile has achieved rapid development through its own development and mergers and acquisitions, and has become a listed company with large scale and outstanding profitability in the same industry in China.
Strengthen independent research and development
While accelerating the overall listing pace, Jianghuai Automobile also ushered in its 50th anniversary. In order to further explore the future development space, Jianghuai Automobile said that it will build three capabilities of R&D, technology R&D and product development capabilities; process technology and project management capabilities; evaluation of results and incentives for compensation.
Statistics show that in the first quarter of this year, under the sales growth of nearly 8% of domestic passenger cars, self-owned brand passenger cars still fell by 1.46% year-on-year. Obviously, the joint venture brand's downswing, the central city's purchase restriction order, is for independent brands. A heavy blow.
However, in the face of the slowdown in the growth of the domestic auto market and the increasing market pressure, Jianghuai Automobile has put forward customer satisfaction as a starting point, facing customers, listening to opinions, and adopting a comprehensive upgrade of customer relationship management. The system keeps track of consumers and distributors in a timely manner and strives to achieve the best user experience.
Jianghuai Automobile Chairman An Jin said that in the future, Jianghuai Automobile will adhere to the image of “quality of JACâ€, continue to promote the development of new energy fields and international market expansion, deepen the development of business and develop the pattern, and realize “strengthening and expanding commercial vehicles. The “Twelfth Five-Year†strategic goal of “excellent and superior passenger cars†will be used to strengthen the independent camp.
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