| Revision as of 11:35, 31 March 2019 editUrbanoc (talk | contribs)Extended confirmed users12,963 edits →Products: I already explained why Landwind models should NOT be included here, as this company isn't the owner of Landwind but a sister one. Landwind is owned by Jianling Motor Holding (JMH) which also has shares in JMC. If re-addded, please include an explanation summarising why you do it← Previous edit | Revision as of 01:32, 5 April 2019 edit undoUrbanoc (talk | contribs)Extended confirmed users12,963 edits AddNext edit → | ||
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| |foundation = 1993 | |foundation = 1993 | ||
| |founder = | |founder = | ||
| |divisions = ] | |||
| |location_city = ], ] | |location_city = ], ] | ||
| |location_country = China | |location_country = China | ||
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| |equity = {{increase}} {{yuan|12.57 billion}} (2017)<ref name=AR/> | |equity = {{increase}} {{yuan|12.57 billion}} (2017)<ref name=AR/> | ||
| |homepage = {{URL|http://www.jmc.com.cn/en}} | |homepage = {{URL|http://www.jmc.com.cn/en}} | ||
| |subsid = | |subsid = ] | ||
| |module = | |module = | ||
| {{Chinese|child=yes|s=江铃汽车股份有限公司|t=江鈴汽車股份有限公司|p=Jiānglíng Qìchē Gǔfèn Yǒuxiàn Gōngsī|order=st}} | {{Chinese|child=yes|s=江铃汽车股份有限公司|t=江鈴汽車股份有限公司|p=Jiānglíng Qìchē Gǔfèn Yǒuxiàn Gōngsī|order=st}} | ||
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| In 1995, ] acquired B shares equivalent to a 20% equity in JMC, becoming the second-largest shareholder.<ref name=BOOK3>{{cite book |last1=Moser |first1=Michael J. |last2=Yu |first2=Fu |title=Doing Business in China |publisher=Juris Publishing |page= |year=2014 |isbn=9781578231553 |url=https://books.google.com/books?id=MthIFAIf3BUC&pg=PT3175&dq=Jiangling+Ford+1995&hl=en&na=X&ved=0ahUKEwjxr-j-wZngAhXFEbkGHRthAQYQ6AEIJDAA#v=onepage&q=Jiangling%20Ford%201995&f=false}}</ref><ref name=BOOK2>{{cite book |last1=Luo |first1=Yadong |title=How to Enter China |publisher=University of Michigan Press |page=300 |year=2000 |isbn=9780472111886 |url=https://books.google.com/books?id=vfs_W87RUvUC&pg=PA300&dq=Jiangling+Ford+1995&hl=en&na=X&ved=0ahUKEwjxr-j-wZngAhXFEbkGHRthAQYQ6AEIKDAB#v=onepage&q=Jiangling%20Ford%201995&f=false}}</ref> In 1998, after JMC issued additional B shares, Ford upped its stake to 30%.<ref name=BOOK3/><ref name=BOOK2/> In 2013, Ford purchased more B shares, increasing its stake to over 30%.<ref>{{cite news|url=https://www.reuters.com/article/us-ford-jiangling-stake/ford-raises-stake-in-chinas-jiangling-motors-idUSBRE93G05320130417 |title=Ford raises stake in China's Jiangling Motors |last1=Yan |first1=Fang |last2=Takada |first2=Kazunori |publisher=Reuters |date=17 April 2013 |accessdate=1 February 2019}}</ref> | In 1995, ] acquired B shares equivalent to a 20% equity in JMC, becoming the second-largest shareholder.<ref name=BOOK3>{{cite book |last1=Moser |first1=Michael J. |last2=Yu |first2=Fu |title=Doing Business in China |publisher=Juris Publishing |page= |year=2014 |isbn=9781578231553 |url=https://books.google.com/books?id=MthIFAIf3BUC&pg=PT3175&dq=Jiangling+Ford+1995&hl=en&na=X&ved=0ahUKEwjxr-j-wZngAhXFEbkGHRthAQYQ6AEIJDAA#v=onepage&q=Jiangling%20Ford%201995&f=false}}</ref><ref name=BOOK2>{{cite book |last1=Luo |first1=Yadong |title=How to Enter China |publisher=University of Michigan Press |page=300 |year=2000 |isbn=9780472111886 |url=https://books.google.com/books?id=vfs_W87RUvUC&pg=PA300&dq=Jiangling+Ford+1995&hl=en&na=X&ved=0ahUKEwjxr-j-wZngAhXFEbkGHRthAQYQ6AEIKDAB#v=onepage&q=Jiangling%20Ford%201995&f=false}}</ref> In 1998, after JMC issued additional B shares, Ford upped its stake to 30%.<ref name=BOOK3/><ref name=BOOK2/> In 2013, Ford purchased more B shares, increasing its stake to over 30%.<ref>{{cite news|url=https://www.reuters.com/article/us-ford-jiangling-stake/ford-raises-stake-in-chinas-jiangling-motors-idUSBRE93G05320130417 |title=Ford raises stake in China's Jiangling Motors |last1=Yan |first1=Fang |last2=Takada |first2=Kazunori |publisher=Reuters |date=17 April 2013 |accessdate=1 February 2019}}</ref> | ||
| In late 2010, Jiangling released the first passenger vehicle of JMC under the newly launched ] sub-brand, the ] SUV.<ref>{{cite news|url=http://chinaautoweb.com/2010/12/jmc-a-ford-partner-releases-its-first-passenger-car-yusheng-suv/ |title=JMC, a Ford Partner, Releases First Passenger Car–Yusheng SUV |publisher=ChinaAutoWeb.com |date=5 December 2010}}</ref> | In late 2010, Jiangling released the first passenger vehicle of JMC under the newly launched ] sub-brand, the ] SUV.<ref>{{cite news|url=http://chinaautoweb.com/2010/12/jmc-a-ford-partner-releases-its-first-passenger-car-yusheng-suv/ |title=JMC, a Ford Partner, Releases First Passenger Car–Yusheng SUV |publisher=ChinaAutoWeb.com |date=5 December 2010}}</ref>ñ | ||
| In 2013, JMC reorganised the heavy truck manufacturer Changan Taiyuan as a wholly owned subsidiary named ].<ref name=prof>{{cite web|title=江铃重汽 |url=https://product.360che.com/intro/17.html |trans-title=Jiangling Heavy Vehicle |language=Chinese |website=360che.com | |||
| |accessdate=4 April 2019}}</ref> | |||
| In 2015, one of JMC owners, JMCG, created an ] subsidiary aimed at supplying smaller cities on China's inland, named ].<ref>{{cite web|url=http://autonews.gasgoo.com/china_news/70015497.html |title=Groupe Renault and JMCG announce EV cooperation in China |work=Automotive News Gasgoo |date=20 December 2018 |accessdate=19 January 2019}}</ref> | In 2015, one of JMC owners, JMCG, created an ] subsidiary aimed at supplying smaller cities on China's inland, named ].<ref>{{cite web|url=http://autonews.gasgoo.com/china_news/70015497.html |title=Groupe Renault and JMCG announce EV cooperation in China |work=Automotive News Gasgoo |date=20 December 2018 |accessdate=19 January 2019}}</ref> | ||
Revision as of 01:32, 5 April 2019
 | |||||||
| Company type | Public limited company | ||||||
|---|---|---|---|---|---|---|---|
| Traded as | SZSE: 000550 | ||||||
| Industry | Automotive | ||||||
| Predecessor | JMCG truck production division | ||||||
| Founded | 1993 | ||||||
| Headquarters | Nanchang, Jiangxi, China | ||||||
| Key people |
| ||||||
| Products | Automobiles | ||||||
| Revenue |  CN¥34.35 billion (2017) | ||||||
| Operating income |  CN¥514.45 million (2017) | ||||||
| Net income | CN¥690.93 million (2017) | ||||||
| Total assets | CN¥26.38 billion (2017) | ||||||
| Total equity | CN¥12.57 billion (2017) | ||||||
| Owners |
| ||||||
| Number of employees | 16,865 | ||||||
| Divisions | JMC Yusheng | ||||||
| Subsidiaries | JMC Heavy Duty Vehicle | ||||||
| Chinese name | |||||||
| Simplified Chinese | 江铃汽车股份有限公司 | ||||||
| Traditional Chinese | 江鈴汽車股份有限公司 | ||||||
| |||||||
| Website | www | ||||||
Jiangling Motors Corporation Limited, abbreviated JMC, is a Chinese automobile manufacturer. According to company reports, the largest shareholder of JMC is Jiangling Motor Holding (JMH), a company controlled equally by the state-owned enterprises Changan and Jiangling Motors Corporation Group (JMCG). JMH also owns the Landwind brand.
History
The history of Jiangling Motors Corporation (JMC) can be traced to a truck repair shop opened in Nanchang in 1947 which operated under the name Nanchang Motors Repair Factory. A JMC predecessor started assembling vehicles in 1968. The company was granted the approval of Jiangxi Province Economic Restructuring Commission to be reorganized to establish a joint stock limited company on February 20, 1993. JMC A shares and B shares were listed on Shenzhen Stock Exchange on December 1, 1993 and September 29, 1995, respectively.
In 1995, Ford acquired B shares equivalent to a 20% equity in JMC, becoming the second-largest shareholder. In 1998, after JMC issued additional B shares, Ford upped its stake to 30%. In 2013, Ford purchased more B shares, increasing its stake to over 30%.
In late 2010, Jiangling released the first passenger vehicle of JMC under the newly launched JMC Yusheng sub-brand, the Yusheng S350 SUV.ñ
In 2013, JMC reorganised the heavy truck manufacturer Changan Taiyuan as a wholly owned subsidiary named JMC Heavy Duty Vehicle.
In 2015, one of JMC owners, JMCG, created an electric vehicle subsidiary aimed at supplying smaller cities on China's inland, named JMEV.
On February 29, 2016, the Ministry of Industry and Information Technology shut down JMC and 12 other automobile manufacturers that did not meet mandatory production evaluations for two consecutive years.
Products
JMC (Jiangling)
A brand mainly for commercial vehicles
- JMC Teshun – Van
- Jiangling CV9 minivan
- JMC BaoWei (SUV)
- JMC Carrying truck
- JMC pickup
- JMC Boarding (JMC Baodian) pickup
- JMC Yuhu pickup
- JMC Qingka (Jiangling Light Truck) (small truck) - based on Toyota/Hino light trucks
- Kairui and Kairui 800
- Kaiwei
- Kaiyun
- Shunda
- JMC Yunba (commercial van)
Yusheng
Main article: JMC YushengA brand for passenger vehicles.
- Yusheng S330 CUV
- Yusheng S350 SUV
Licensed Ford production
- JMC Transit (minibus, developed by Ford and JMC jointly)
- JMC E-series SVO - based on Ford E-series vans:
- E350 Communication/Command Vehicle
- E250 Luxury Business Vehicle
- E350 Investigation Vehicle
- E350 Anti-riot Assault Vehicle
- Ford Everest
- Ford Territory
New energy vehicle
Main article: JMEVProduction bases
Production bases include a Ford plant in Nanchang .
See also
Notes
- Jiangling Motor Holding is an equally-owned holding whose ultimate controllers are the Nanchang State-owned Assets Supervision and Administration Committee and the SASAC.
References
- ^ "Jiangling Motors Corporation, Ltd. 2017 Annual Report" (PDF). JMC. pp. 27, 29, 54–56. Retrieved 1 February 2019 – via Sohu.
- "Landwind". JMCG. Retrieved 1 February 2019.
- ^ Moser, Michael J.; Yu, Fu (2014). Doing Business in China. Juris Publishing. ISBN 9781578231553.
- ^ Luo, Yadong (2000). How to Enter China. University of Michigan Press. p. 300. ISBN 9780472111886.
- Yan, Fang; Takada, Kazunori (17 April 2013). "Ford raises stake in China's Jiangling Motors". Reuters. Retrieved 1 February 2019.
- "JMC, a Ford Partner, Releases First Passenger Car–Yusheng SUV". ChinaAutoWeb.com. 5 December 2010.
- "江铃重汽" [Jiangling Heavy Vehicle]. 360che.com (in Chinese). Retrieved 4 April 2019.
- "Groupe Renault and JMCG announce EV cooperation in China". Automotive News Gasgoo. 20 December 2018. Retrieved 19 January 2019.
- Li, Fusheng (7 March 2016). "New govt sweep clears industry of 'zombies'". China Daily. Retrieved 9 November 2018.
{{cite web}}: Italic or bold markup not allowed in:|publisher=(help) - "Short Torque". China Daily. 20 December 2010.
External links
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