Search Results for "JAC"

JAC Group announces 34.52% year-on-year jump in 2020 net profit
JAC Group announces 34.52% year-on-year jump in 2020 net profit

JAC Group’s financial results show that the company gained 142.613 million yuan ($21.736 million) in annual net profit attributable to shareholders for the year of 2020, jumping 34.52% year on year.

Mar. 30 , 2021
JAC Group, Sinotrans team up on supply chain service, smart logistics
JAC Group, Sinotrans team up on supply chain service, smart logistics

JAC Group signed a framework agreement with Sinotrans Limited, one of the largest logistics companies in China, to co-build a highly efficient modern automotive logistics service system by leveraging both parties’ advantageous resources.

Mar. 25 , 2021
NIO Holding, JAC Motors to set up joint venture in Hefei
NIO Holding, JAC Motors to set up joint venture in Hefei

The Anhui-based automaker JAC Motors and NIO Holding Ltd. signed on March 4 a letter of intent for the establishment of a joint venture in Hefei, where NIO China is headquartered, according to JAC Motors’ announcement.

Mar. 4 , 2021
JAC Motors forecasted to suffer net loss of 146 million yuan in first half of 2020
JAC Motors forecasted to suffer net loss of 146 million yuan in first half of 2020

JAC Motors is forecasted to post a net loss attributable to shareholders of 146 million yuan ($20,866,378) for the first half of 2020, a nosedive from the net profit of 125,114,300 yuan ($17,881,386) gained in the year-ago period.

Jul. 31 , 2020
JAC Volkswagen’s registered capital increased by over 5 billion yuan
JAC Volkswagen’s registered capital increased by over 5 billion yuan

Both JAC Motors and Volkswagen (China) Investment Co., Ltd. have finished subscribing for the equity stake newly issued by JAC Volkswagen, which made the registered capital of the joint venture surge to 7.356 billion yuan from 2 billion yuan.

Jul. 22 , 2020
JAC Motors to set up mid-/high-end MPV base in Bozhou
JAC Motors to set up mid-/high-end MPV base in Bozhou

JAC Motors inked on June 30 an agreement with Bozhou municipal government to build mid-/high-end MPVs at Anhui Jianghuai Anchi Automobile Co., Ltd., a wholly-owned subsidiary of the Hefei-based automaker.

Jul. 2 , 2020