Jiangling Motors Corporation, Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Jiangling Automobile Co., Ltd. (hereinafter referred to as "Jiangling Automobile") is a national high-tech enterprise, a national innovative pilot enterprise, a national recognized enterprise technology center, a national intellectual property demonstration enterprise, and a "national vehicle export base". Jiangling Automobile is a strong force in the Chinese automotive industry that integrates the research and development, manufacturing, sales, and service of complete vehicles and components. While providing high-quality automotive products, it is committed to meeting the personalized needs of users through customized and intelligent products and services. It is a leading enterprise in the Chinese commercial vehicle industry and a benchmark new force in the passenger vehicle field. In November 1993, the company successfully issued A-shares on the Shenzhen Stock Exchange, becoming the first listed company in Jiangxi Province. In 1995, it was the first foreign strategic partner in China to issue B-shares through ADRs. Ford Motor Company (hereinafter referred to as "Ford") currently holds 32% of the company's shares. Jiangling Motors is deeply engaged in the fields of new automotive technologies such as electrification, networking, intelligence, and sharing. Jiangling Motors has established Shenzhen Star Fulcrum Technology Branch, dedicated to building a new highland of intelligent internet technology with user experience as the core, creating a smart internet ecosystem, and building a personalized intelligent internet system service, entertainment, life, travel and other full scene smart internet new ecosystem for customers, achieving perfect interconnection of people, vehicles, and life. The company is the first commercial vehicle in China to be equipped with Beidou Navigation and has launched L4 level autonomous driving products. The company continues to empower intelligent logistics, providing overall logistics solutions for commercial vehicle customers, providing customized C2B product services, end-to-end logistics solutions, and overall logistics capacity platform services. The company plans to develop a full range of new energy products. As of now, it has launched new energy products such as the light truck Kairui EV, Yuhu EV, Teshun EV, and Ford Lingjie EV. In 2022, we will fully launch a new pure electric platform called E-Road Express and E-Road Express. Once launched, E-Road won the "7th New Energy Logistics Challenge" and won the Grand Slam. Jiangling Motors always adheres to the dual brand strategy: JMC brand and Ford brand are flying side by side. The Ford brand includes the Quanshun series of products, the Jiangling Ford MPV Torui Europe, and the Jiangling Ford SUV Shaker. Ford collaborated with Jiangling Motors to launch the Jiangling Ford Lingjie S, Jiangling Ford Lingyu, and Jiangling Ford Lingrui; JMC brands include light trucks (Kairui series, Kaiyun series, and Shunda series products), pickup trucks (New Baodian, Yuhu 7, Yuhu 9), light passenger special shun and Fushun, Yusheng SUV, etc. Jiangling Motors has a strong customization capability, with a market share of over 60% in the ambulance market. Quanshun Ambulance quickly rushed to Wuhan during the epidemic prevention period, becoming the first batch of negative pressure ambulances delivered in China and awarded the title of "First Vehicle in the War against Epidemic". Jiangling Motors, with its leading technological advantages, cutting-edge health concepts, and high-quality customer service, has quickly launched more than 10 "big health" product series, including Quanshun Traditional Chinese Medicine Vehicle, Isolation Transfer Vehicle, Vaccine Cold Chain Vehicle, Medical Examination Vehicle, Medical Waste Transfer Vehicle, Disinfection and Epidemic Prevention Vehicle, etc., contributing Jiangling's strength to the national health. Jiangling Motors has complete vehicle production bases such as Xiaolan Factory and Fushan Factory, covering advanced manufacturing processes for stamping, welding, coating, assembly, and diesel and gasoline engines. Jiangling Automobile Production Base has built a smart manufacturing center with highly intelligent and flexible production lines, and has been rated as a demonstration enterprise for the integration of industrialization and industrialization in Jiangxi Province. With the help of Ford's global platform, Jiangling has gradually formed its core competitiveness in independent research and development. It has established an independent research and development system, built an advanced global digital design platform, and synchronized with Ford's global development, design, and new product release. It is a national industrial design center and one of the first enterprises to pass the certification of the national enterprise intellectual property system. It has won the AAA main credit rating, and its self-developed Yusheng SUV and light truck Kairui 800 have won the Chinese Excellent Design Award, Kairui 800 has also won the first prize of the "China Automotive Industry Science and Technology Award". Jiangling Motors has taken the lead in establishing a modern marketing system in the Chinese automotive market. The company adopts a "four in one" franchise model of sales, accessories, services, and information. Currently, it has more than 400 first level dealers, with a total of over 1000 dealers. Jiangling Motors will fully leverage its advantages and further increase its deep cooperation with Ford in the field of new products. Starting from 2021, the company has comprehensively deepened the construction of passenger vehicle channels, adopting Ford's latest showroom design and customer experience innovation, and more than 200 FamilySpace home spaces have been fully opened for Ford Experience. Jiangling Motors is a major exporter of light diesel commercial vehicles in China, and has been recognized as the "National Complete Vehicle Export Base" by the Ministry of Commerce and the National Development and Reform Commission. Jiangling Motors brand is also one of the two commercial vehicle export brands supported by the Ministry of Commerce.As an early enterprise in Jiangxi that introduced foreign investment, Jiangling Motors has absorbed cutting-edge product technology, manufacturing processes, and management concepts from the world. With a reasonable equity balance mechanism, efficient and transparent operation, and high-level business management, Jiangling Motors has formed a standardized management and operation system, and has successively won the Jiangxi Jinggang Quality Award, National Enterprise Environmental Protection Achievement Award, AAA Subject Credit Rating, etc. Jiangling Automobile consciously assumes social responsibility, with the public welfare purpose of "green, caring, and safe", and creates a brand public welfare "Jiangling · Xiqiao Project" with a total investment of over 34 million yuan. As of now, 25 provinces in China have donated 412 convenient bridges, benefiting 600000 villagers, and won the "China Poverty Alleviation Ambassador", "Responsible China Public Welfare Partner", and "China Enterprise Social Responsibility Excellent Award". Jiangling people will move forward with a broader development perspective and reputation, adhere to the customer-centric concept, integrate the core values of "integrity, dedication, innovation and cooperation" into the bloodline of enterprise development, face the rapidly changing new challenges in the field of automotive new technology, and move towards a broader future. |
| Headquarter | Nanchang |
| Establish Date | 1/8/1997 |
| Listed Code | 000550.SZ |
| Listed Date | 12/1/1993 |
| Chairman | Qiu Tiangao. |
| CEO | Xiong Chunying. |
| Website | www.jmc.com.cn |
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