General Manager of Cowin Auto jump to Hawtai Motor; Cowin is to be merged into Chery

SHANGHAI December 23rd, 2016 Gasgoo – After leaving Cowin Auto for half of a year, Mr. Zheng Zhaorui, previous general manager of Cowin, has joined in Hawtai Motor to be chairman of Hawtai’s new energy company, and took charge of the management and operation of Tianjin Hawtai new energy auto group.

According to resources from the beginning of this year, Hawtai will announce 14 new energy vehicles in the future few years, including PEVs, PHEVs and gas-fueled vehicles. It also plans to distribute 200 networks around the world in 2018 and to achieve a production and sales target of 500 thousand units. In this July, Hawtai has employed Wang zhaoyun, previous deputy general manager of Chery Marketing Corporation, to be vice-president of Hawtai Group and general manager of its new energy company. Now with Mr. Zheng Zhaorui’s participation, is Hawtai be able to get rid of the embarrassing situation previously?

Born in 1978, Zheng Zhaorui was a veteran of Chery Group. He joined in Chery in 1999 and leave it in the middle of 2016, has successively served as general manager assistant and vice-general manager of Chery Marketing Coporation, vice-general manager of Chery International Corporation, general manager of Banner Cloud Marketing Corporation, vice-general manager of Banner Cloud’s Business Division. He took charge of departments including the market regulation department and work of more than 30 countries and factories in central&south America during his tenure.

Cowin Auto was a project of north of the Yangtze River set up in 2013 by Chery and was widely regarded as a product of Chery’s act to strip bad assets off. In the end of 2013, Cowin Auto was finally established by Jiangbei (Anhui) Development Co., Ltd, Chery (Anhui) Commercial Vehicle Co., Ltd and Wuhu Construction Investment Co., Ltd jointly.

After Mr. Zheng Zhaorui’s leaving, Cowin Auto will be peeled off from Chery Holding and merged into Chery joint-stock company, which is in the same level with Cowin previously. And Feng Wutang, previous vice-general manager of Chery Motor, will be the head of Cowin.