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Old 04-13-2016, 01:17 PM   #9
dragin
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Default Re: Introduction to Jianghuai Automobile (JAC)

[QUOTE=martin_krpan;94218]History of JAC

The now successful JAC received some outside help along the way, as the below information indicates:

Anhui Jianghuai Automobile Co., Ltd. is a Shanghai-listed company,
located in Hefei province, that manufactures and distributes automotive
chassis and gearbox components for manufacturers of bus, truck and chassis.
Anhui Auto is one of the largest automotive chassis companies in China,
and it has representative offices in Beijing, Chengdu, Shanghai, Guangzhou,
Hangzhou, Jinan and Zhengzhou.
The company is part of Lion Asiapac. Lion Asiapac was incorporated in
Singapore on 6 December 1968 as a private limited company under the
name of Metal Containers (Pte) Ltd. On 18 December 1981, it turned public
and changed its name to Metal Containers Ltd. In 1996, the Company was
acquired by The Lion Group of Malaysia and adopted its present name. The
major shareholders are Amalgamated Containers Berhad and Silverstone
Corporation Berhad (formerly known as Angkasa Marketing Berhad), both
of which are listed on the Kuala Lumpur Stock Exchange.
The Group is a diversified regional manufacturer and distributor. It operates
2 core businesses, namely automobile manufacturing and electronic
component distribution. The automotive division operates in China and its
portfolio of principal products comprise motorcycles, light trucks for
commercial and agricultural use, chassis for passenger vehicles, and gearbox
components.


The stake in JAC was sold by Lion somewhere around 2009.
Lion of Malaysia, also invested in the late Nanjing Auto, and Huali Auto of Tianjin.
Sorry I can't offer a source for the above piece.




Last edited by dragin; 04-13-2016 at 01:22 PM.
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