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Old 04-30-2011, 02:02 PM   #1
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Default Introduction to Jianghuai Automobile (JAC)

China·Anhui Jianghuai Automobile Co., Ltd. (hereinafter called JAC) was founded in 1964 and listed on the Shanghai Stock Exchange (600418) in 2001.

JAC has been a comprehensive automaker with full-line independent brand vehicles in China, including light, medium and heavy-duty trucks, MPV, SRV, sedan, bus chassis, buses, engineering machinery, engines, gearboxes and other key components. After more than 40 years of development, JAC has achieved an annual production capacity of more than 700,000 units completed vehicle and 500,000 units engine and ranked as the top 10 in Chinese auto industry.

JAC owns a national-level Research and Development (R&D) Center in Hefei. The company opened China's first overseas R&D Center in Turin, Italy, in June, 2005, and a second one in Tokyo, Japan, in October, 2006.

JAC is dedicated to strict quality control and constant management improvement, because of which, JAC has been awarded as "Recommended Brand for Export", "The Most Competitive Brand in Market", ‘Enterprise for Exemption from Export Inspection’, ‘National Quality Award’ respectively by China Chamber of Commerce for Import & Export of Machinery & Electronics Products, The Ministry of Commerce, General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China and China Association for Quality successively, marking that JAC products’ quality and management had reached the international advanced level.

In 2009, the sales of all kinds of JAC automotives were over 310,000 units, increasing by 56%, which was 10% faster than the auto industry. In 2010, JAC has sold all kinds of vehicles more than 460,000 units with a sales revenue of over 5.2 billion US dollars,among which the exports were more than 20,000 units, up by 78%. From January to February 2011, JAC has sold all kinds of vehicles nearly 100,000 units, among which nearly 10,000 units were exports, up by nearly 300%. In 2011, JAC plans to sell 600,000 units of vehicles, among which the exports will amount to 40,000 units, and the export revenue will reach 400 million US dollars.JAC main products have played a very important role in the relevant market segments in China. JAC has been the country’s largest bus chassis producer for 15 consecutive years. As a light commercial vehicle leading manufacturer in China, JAC has been No. 1 in export sales of for nearly a decade. The sales of JAC heavy-duty trucks achieve the fastest growth rate. JAC MPV has won the prize of “Best MPV of the Year" and kept the No.1 sales for many years. Only one year since launched into the market, the sales of JAC A-class car have made a breakthrough of 60,000 units, becoming the sales champion among the new cars of the same class launched into the market within one year. Owning to the exceptionally quality, JAC A-class car received the premium compact segment awarded by the Global Authoritative Auto Testing & Evaluating Organization J.D power and it is the only independent brand that got the highest score in APEAL Index Ranking. JAC B class is honored as the “The Most Beautiful Automotive Modal in This Decade” by PININFARINA Company in Italy. Since released into the market, the supply of JAC B-class car always fell short of demand.

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