Anhui Jianghuai Automobile Co., Ltd. (JAC, hereafter), originally called Hefei Jianghuai Automobile Factory which came into existence in 1964, was founded on September 30, 1999. Now the company employs more than 8500 people with total asset RMB 6.2 billion, covering an area of nearly 4.05 million square meters. The company was listed on Shanghai Stock Exchange on Nov.29, 2001, its stock coded 600418, originally named Jianghuai Auto, now G Jiangqi. In 2004, its convertible bond was released, and in 2005, reform of the shareholder structure was successfully implemented. JAC is the high-new technology enterprise of Anhui province as well as one of key enterprises of the National Torchlight Plan.
The main products of JAC include the manufacture of 6 to 12 meters bus chassis, 0.5 to 50 tones trucks, Refine MPV of 7 to 12 seats, engine, gear-box, auto parts and components etc. Now it has an annual production capacity of more than 200,000 vehicles.
In the first two quarters of 2006, JAC sold out 87239 cars , 15.40% increase comparing to last year accordingly, the sale income of auto achieved 5.198 billion. And since 1990, JAC has become rare auto company maintaining an appropriate rapid profit growth for 16 years. The main products of JAC have played very important role in their relevant market segments in China , including bus chassis, light truck, heavy-duty trailer car, Refine MPV and Rein crossover.
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JAC set up R&D center of the province and built" JAC-Tonji Tongjie Auto United R&D Center" with TJ Innova Engineering & Technology Co., Ltd., established "JAC-Hefei University of Technology Auto Technology Research Institute" and founded design center in Torino , Italy in June, 2005. JAC has brought CIMS project into effect as a leading domestic enterprise in CIMS application, informizing the whole process from R&D to operational management.
JAC has actualized advanced managing methods and techniques, such as lean production, customer chain management and office automation to improve the management. Since 1998, JAC has obtained a series of significant certifications such as ISO9001 quality system, ISO14001 Environmental Management System, ISO10015 Training Management System, OHSAS18001 certification for health and safety.
